Industry
Tax & Regulation | 7 Feb 17
FCA issues warning over poor DB pension transfer advice
The UK’s Financial Conduct Authority has issued a warning notice to an unnamed individual for poor advice given to more than 700 members of defined benefit (DB) schemes that left them at “serious risk of unsuitable outcomes”.
PEOPLE MOVES: Aviva, Aetna International, Insight Investment
Emerging market debt seems to be a key theme, with both Aviva Investors and Insight Investment bolstering their existing teams, while Aetna International has named a director of new business sales.
Retirement | 7 Feb 17
UK Sipp complaints continue to rise, reveals Ombudsman
Complaints about self-invested personal pension schemes (Sipps) have increased, according to latest figures from the UK’s Financial Ombudsman Service (FOS).
Lion Global launches `disruptive’ tech fund
Singapore’s Lion Global Investors has launched a retail fund that invests in disruptive industries.
Vontobel launches joint venture with Bank of Singapore
High net worth clients with the Bank of Singapore can now open an account with Zurich-headquartered with Vontobel following a joint venture between the two private banks.