Industry
Best Practice | 18 May 16
Quality stamp may allow Sipps to be bought without advice
A new UK quality mark aimed at helping consumers choose self-invested personal pension (Sipp) products without the help of an adviser will be launched this summer.
Middle East | 18 May 16
Walter Jopp to head Zurich Global Life in the Middle East
Walter Jopp has been appointed chief executive of Zurich Global Life, Middle East & Africa, with immediate effect.
Standard Life shareholders reject CEO Skeoch’s pay packet
Nearly a quarter of shareholders voted against Standard Life’s remuneration package, despite the company’s chief executive Ketih Skeoch agreeing to a last-minute pay cut.
Tax & Regulation | 18 May 16
US must sign beneficial ownership deal first, says Caymans
The Cayman Islands will not adopt a mechanism for the exchange of beneficial ownership information that is not agreed by the US, Cayman Islands’ premier Alden McLaughlin said.
HSBC Australia to compensate structured product clients
HSBC Bank in Australia has reached a deal with the industry regulator to compensate clients who received “potentially deficient advice” on retail structured products sold between January 2009 and March 2013.