Industry
Retirement | 9 Jun 15
Advisers needing pension transfer qualification triples
The number of UK financial advisers requiring a specialist pension transfer qualification to give advice on transfers is expected to jump significantly as more people make use of the new freedoms.
Asian fund passport targeted for 2016 launch
Six major countries in the Asia Pacific region expect to launch a funds passport in 2016 which will make it easier for financial services professionals to market investment products, such as mutual funds, to retail customers in each other’s economies.
Withers launches Japanese tax practice
International law firm Withers has launched a Japanese tax practice in Tokyo as it looks to continue its growth in Asia.
Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.
Retirement | 8 Jun 15
FCA outlines process for dealing with insistent clients
The UK’s financial watchdog has published a paper outlining whether an adviser would be liable for losses when dealing with clients who insist on taking action against their advice.