Industry
Retirement | 17 May 16
Excessive due diligence not expected of UK Sipp providers
The UK’s Pensions Ombudsman has found in favour of Sipp providers in a case where a client made non-regulated investments without seeking financial advice.
Best Practice | 17 May 16
Product & Service Awards 2016 – Winners’ Gallery
The finalists of the inaugural International Adviser Product & Service Awards 2016 gathered at London’s Waldorf Hilton Hotel on 12 May to hear the winners announced by Last Word’s co-founder and group editorial director Dylan Emery.
Tax & Regulation | 17 May 16
Isle of Man opens the door to crowdfunding platforms
The Isle of Man has introduced new legislation to regulate crowdfunding platforms in a bid to attract more of the peer-to peer lending startups to the island.
North America | 17 May 16
UBS invests in wealth management technology
UBS Wealth Management Americas (WMA) has formed a strategic alliance with San Francisco-based wealth management technology firm SigFig to develop a digital platform to support the UBS’s financial advisers and their clients.
Axa Wealth posts strong Q1 growth
Axa Wealth, the UK life insurance and wealth management arm of France’s Axa Group, boosted funds under management by 9% in the first quarter this year, helped by a 30% rise in pension product sales following the government’s reforms to the sector.