Industry
European wealth managers predict tougher suitability regulations
Most feel they will be pressured to pay compensation for failing to understand clients’ risk profiles
PE-backed wealth manager makes double acquisition
Deals increase assets under advice to over £1.8bn
AFH-acquired advice firm fails
It is one of two companies that have gone bust according to the UK lifeboat scheme
FCA to review compensation limits for pension claims
As the regulator continues to move towards a ‘polluter pays’ FSCS model
Value Partners unveils investment app in Hong Kong
As part of its push to offer more digital services