Industry
Record int’l inflows for Praemium despite boardroom battle
Platform provider Praemium reported record international inflows of A$184m (£113m, $138m, €130m) in the first three months of 2017, despite an ongoing power struggle between the company’s board and its ousted chief executive.
Tax & Regulation | 11 Apr 17
UK advisers told to clearly signpost ‘advice’ and ‘guidance’
UK advisers will need to make clear the difference between “advice” and “guidance”, according to proposals published by the Financial Conduct Authority (FCA).
Lombard Int’l hits high with €4.5bn in new business sales
Global high net worth life provider Lombard International saw its new business premiums rise to a record €4.5bn (£3.85bn, $4.78bn) over the last year, on the back of cited geographical expansion and strategic acquisitions.
PEOPLE MOVES: Money Advice Service, Schroders, Aviva
The Money Advice Service has named its new chief executive, while a Schroders veteran confirms his “non-dramatic” departure. Aviva Investors has appointed a senior client solutions director.
Three Brits arrested in Philippines over boiler room scam
Three British nationals allegedly involved in a investment scam have been arrested in the Philippines.