Industry
Novia Global launches trustee investment governance service
Novia Global has partnered with a UK advice firm to launch a trustee investment governance service aimed at trust companies seeking professional advice on their investment policy statement and when reviewing arrangements with discretionary managers.
UK compensation scheme declares 11 firms in default
The Financial Services Compensation Scheme (FSCS) declared 11 firms in default during March 2018, meaning that consumers could get back money they have lost.
SJP shares set to gain on Asian growth
Growth in Asia and benefits from its purchase of a UK asset management firm could see shares in St James’s Place power ahead this year, according to analysts at UK stockbroker The Share Centre.
Best Practice | 16 Apr 18
Beware the double-edged sword of technology
With advisers and life companies rushing to embrace technology to boost their clients’ user experience, a survey from PwC has found that the majority of consumers want more human interaction in future, not less.
AMP admits misleading Aussie regulator over fees
The group executive of advice at financial services giant AMP has admitted the firm intentionally misled Australia’s regulator over fees, as the Royal Commission into banking, superannuation and financial services targets financial advice.