Industry
Sanlam merges wealth arms, courts advisers in SJP challenge
Sanlam UK is to set up a new division encompassing its discretionary fund management and financial advice divisions and launch a partnership initiative for advice firms to join the group in a move that challenges St James’s Place’s existing model.
Technology | 13 Oct 16
Robo-advice done right will be bespoke and regulated
EValue founder Bruce Moss says robo-advice has the potential to irrevocably alter the consumer experience in the financial services industry, but it has to live up the regulatory standards and bespoke nature of traditional advice.
Jupiter sees Q3 fund inflows of £0.8bn, extends global footprint
London headquartered Jupiter Fund Management saw mutual fund net inflows of £0.8bn ($0.97bn, €0.88bn) in the third quarter of this year, fuelled by extending its relationships with key distributors on a global basis.
Australia code of practice for life insurers gets thumbs up
A number of Australia’s major life insurers have endorsed the Financial Services Council’s Life Insurance Code of Practice, saying it should help to build consumer trust in the industry.
Tax & Regulation | 12 Oct 16
Top tax advisers react to HMRC tax avoidance clampdown plans
Two leading tax advisers have reacted to HM Revenue & Customs’ discussion document ‘Strengthening Tax Avoidance Sanctions and Deterrents’ following the closure of its consultation phase on 12 October.