Industry
Market volatility tempers growth at Axa Wealth
Axa Wealth International has reported flat growth in its annual results against a backdrop of stock market volatility and pension reforms.
Tax & Regulation | 24 Feb 16
Little proof FCA actions reduce mis-selling – NAO
The Financial Conduct Authority lacks “good evidence” that its enforcement actions are helping to reduce levels of mis-selling of financial services products, according to the National Audit Office (NAO).
Bellevue acquires German fund manager StarCapital
Swiss investment company Bellevue Group has acquired independent German fund manager StarCapital in a move that brings its assets under management to CHF7.8bn (£5.6bn, $7.8bn, €7.1bn).
Retirement | 24 Feb 16
B&CE and LV= launching £49 robo-adviser
The People’s Pension provider B&CE has joined forces with retirement specialist LV= to launch a £49 robo-advice service, aimed at those approaching retirement.
Retirement | 24 Feb 16
UK pension rule changes set to spur VCT activity
The forthcoming changes to pension tax relief have led to an uptick in venture capital trust (VCT) business for three-quarters of VCT managers.