Industry
SLI launches Sicav version of MyFolio fund range
Standard Life Investments has launched an international version of its suite of multi-asset funds known as MyFolio, which will be initially available to advisers and their clients in Germany.
Tax & Regulation | 16 Jan 17
IoM global commission disclosure still two years away
Life companies based on the Isle of Man will have to disclose client commission worldwide from January 2019, the head of the Isle of Man Financial Services Authority (IoMFSA) has confirmed.
Best Practice | 16 Jan 17
SJP faces backlash for escaping 1% exit charge on pensions
St James’s Place, one of Britain’s biggest wealth managers, has come under fire over claims it will not be caught by an incoming cap on exit charges.
North America | 13 Jan 17
US fiduciary rule critic Scaramucci named in new Trump role
A leading critic of the Department of Labor’s (DoL) upcoming fiduciary rule, which will require pension advisers to act in the best interests of their clients, putting an end to high-commission investment products, has been named as an assistant to president-elect Donald Trump.
Praemium sees 29% rise in managed funds amid record inflows
Australian-headquartered platform provider Praemium has reported a 29% rise in funds under administration (FUA) for the year to 31 December 2016, driven by record inflows from its international units.