Industry
Tax & Regulation | 29 Sep 16
UK advisers must record calls under new FCA Mifid II rules
Financial advisers in the UK may be required to record phone calls to clients under the Financial Conduct Authority’s (FCA) proposals regarding Mifid II, which also looks at extending the RDR commission ban for portfolio managers.
Tax & Regulation | 29 Sep 16
Former UK BlackRock fund manager charged with insider dealing
Mark Lyttleton, a former star manager of BlackRock UK Absolute Alpha, has been charged with three counts of insider dealing by the Financial Conduct Authority (FCA).
People Moves | 29 Sep 16
PEOPLE MOVES: Old Mutual, Manulife, HSBC, Veritas AM
Old Mutual appoints a chairman to its board while Manulife makes a hire to its newly-created position of chief executive for client services for EMEA. HSBC has announced a raft of hires in Geneva, Zurich and Dubai while asset manager Veritas poaches its new head from UBS.
Tax & Regulation | 29 Sep 16
Pension tax relief and Isas are ‘never tax avoidance’
Paying into an Isa or getting pension tax relief can never be tax avoidance, according to Richard Murphy, an economist and long-standing active member of the Tax Justice Network.
Chinese insurers make beeline for UK and Europe
Large Chinese mainland insurance companies are on a mission to diversify their asset base and have the UK and Europe in their sights as they look to deploy their money around the world.