Industry
Tax & Regulation | 26 Jan 16
Bank of England’s Bailey named FCA chief executive
The new chief executive of the UK’s Financial Conduct Authority (FCA) has been named as Andrew Bailey, the Bank of England’s deputy governor for prudential regulation and chief executive of the Prudential Regulation Authority (PRA).
UBS WM launches UHNW Academy in Asia Pacific
UBS Wealth Management is targeting its senior ultra-high-net-worth (UHNW) advisers with the launch of the investment bank’s UHNW Academy in Asia Pacific, as part of the training programme’s global roll-out.
HKEX to push ahead with cross-border bond trading scheme
Hong Kong Exchanges and Clearing (HKEX) has outlined plans to push ahead with the introduction of a ‘Bond Connect’ scheme to give foreign investors wider access to the Chinese debt market, similar to the way the Stock Connect program bolsters trading between Hong Kong and Shanghai.
Legal & General IM expands index funds range
Legal & General Investment Management (LGIM) has launched a global real estate index fund and announced the imminent launch of an emerging markets government bond index fund.
Retirement | 25 Jan 16
Fidelity launches lifetime pension allowance guide
Fidelity International has launched a lifetime allowance (LTA) guide aimed at a growing number of people who have built up significant assets in their pension plans, and face the UK’s LTA falling from £1.25m to £1m in April 2016.