Industry

Retirement | 29 Apr 16

UK financial advisers charge between 1% and 4.5% of investible assets for their initial financial planning advice to clients with up to £50,000 ($73,000, €64,000), a survey by the Financial Conduct Authority has found.

Retirement | 29 Apr 16

There are key generational differences in attitudes towards financial priorities and money management in the UK, but employees of all ages have major gaps in their financial knowledge, according to consultancy and actuarial services firm Barnett Waddingham.

Asia | 29 Apr 16

The Australian government has revised its plans to ensure financial advisers hold a university degree and has decided to delay the introduction of new rules aimed at raising the education, training and ethical standards of financial advisers.

People Moves | 28 Apr 16

Schroders confirmed two senior appointments despite public protestations, while Julius Baer has revamped its UK front office. Aberdeen AM has poached its new Asia Pacific head of multi asset from Alliance Bernstein, with Providence creating a new regional director role in Asia.

Companies | 28 Apr 16

Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.