Industry
Analysis – Under fire SJP, still no easy target for rivals
St James’s Place Wealth has suffered another week of grim headlines about its advice model, but for rival IFAs and restricted advisers to win business and clients off what is arguably the market leader is easier said than done.
Zurich Int’l Life adds simplified investment plan to UAE range
Zurich International Life has launched Simple Wealth, a new simplified investment plan that the company says provides an easy way for consumers in the United Arab Emirates to manage and grow their wealth.
Retirement | 26 Jul 17
SimplyBiz launches DB pension transfer bureau
Financial adviser support firm The SimplyBiz Group has launched a defined benefit (DB) pension transfer service for advisers who need specialist guidance.
China remains a hotbed for Ponzi schemes despite crackdowns
Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.
Tax & Regulation | 25 Jul 17
Firms late with Mifid paperwork need emergency plans, says FCA
Financial firms that have missed the deadline to submit crucial information for compliance with Mifid II rules must have contingency plans in place, the UK’s Financial Conduct Authority (FCA) has warned.