Industry
Aberdeen launches shariah fund in Indonesia
Aberdeen Asset Management has launched its first Shariah equity fund which will focus on investments in India, Australia and Japan.
Tax & Regulation | 12 Apr 16
HMRC set for Supreme Court fight over film scheme
A film scheme involving the distribution rights to two Disney films is taking HM Revenue & Customs to the UK Supreme Court to defend the £117m ($166m, €145.5m) it received in tax relief.
Tax & Regulation | 12 Apr 16
FCA to check consumer understanding of financial products
The UK’s Financial Conduct Authority has decided to check whether banks and building societies are making sure that customers understand the financial products they are buying.
People Moves | 12 Apr 16
PEOPLE MOVES: PRA, QFC, Standard Life Wealth…
The UK and Qatari regulators have made senior appointments, while Standard Life Wealth has split its head of business management role in two. Bordier & Cie have poached a senior planner from Aspinalls and are venturing into wealth planning, while Baring AM has appointed a new director.
Technology | 12 Apr 16
UK millennials more likely to embrace robo-advice, says Legg Mason
UK millennials are more open to receiving financial advice from automated services, so-called robo-advice, than their counterparts around the world, a survey by global asset manager Legg Mason has revealed.