Industry
Investment | 20 Apr 16
Ten things advisers should know about millennials
Millennials represent the biggest shift in consumer preferences and behaviour ever seen in a single generation. Stephen Wynne-Jones, head of marketing at Cofunds, discusses 10 characteristics advisers need to know about these 20-30 somethings.
Prudential a step closer to £100m HMRC tax refund
UK insurer Prudential has moved closer to securing a tax refund worth more than £100m ($143.4m, €126.5m) from HM Revenue and Customs (HMRC) in a long-running dispute over claims the tax office broke EU rules.
New ‘smart beta’ fixed income ETFs launched in Italy
ETF Securities and Lombard Odier Investment Managers have jointly launched a range of ‘smart beta’ fixed income exchange-traded funds (ETFs) on the Italian stock market.
Tax & Regulation | 20 Apr 16
Fraudsters ordered to pay £11m in massive boiler room scam
Fraudsters who conducted one of the largest boiler room fraud schemes ever pursued by a UK authority have been ordered to pay their victims £11m ($15.8m, €13.9m) in compensation, the UK’s Serious Fraud Office (SFO) has revealed.
Switzerland’s UBP upbeat on Asia after Coutts deal
Despite private banks selling assets or cutting staff in Asia, Guy de Picciotto, chief executive of Switzerland-based Union Bancaire Privee (UBP), said his bank plans to hire roughly 40 relationship managers and expand in China.