Industry
Best Practice | 15 Nov 17
Inducement ban could hurt consumers, warns CISI
Financial Conduct Authority (FCA) plans to ban the offering or acceptance of inducements within the financial services profession could ultimately hurt consumers, according to the Chartered Institute for Securities & Investment (Cisi).
Old Mutual Wealth to restructure and adopt Quilter branding
Old Mutual Wealth will operate as Quilter plc, with the international arm based on the Isle of Man becoming Quilter International, once the managed separation of Old Mutual is completed in 2018.
PEOPLE MOVES: Axa Group, Nikko AM, Adams Street Partners, PGIM
In a move to simplify its operating model the AXA group has made several new senior appointments, Nikko Asset Management has appointed a new EMEA chief executive and PGIM investments has named a new global chief marketing officer.
Best Practice | 14 Nov 17
Back office technology seen key to future IFA growth
Financial advisers need a robust back office technology system to boost the confidence of regulators in their client service approach and manage the growing pool of data in their business, said Ben Lester, head of sales for Praemium.
Tighter offshore trust and tax regulation in budget says RSM
A potentially misconceived public perception of offshore trusts and tax law is putting pressure on chancellor Philip Hammond to further tighten regulations in the upcoming UK budget, according to experts from consulting firm RSM.