Products
sesame could have presided keydata
The FCA has fined UK-based advisory network Sesame more than £6m for failings related to Keydata life settlements products and for systems and controls weaknesses which could have allowed similar mis-selling scandals to occur.
canada life cuts onshore bond charge by half
Canada Life is reducing the establishment charge on its Flexible Investment Bond by 50% until September 6 this year.
fca reveals details of Ucis marketing ban
Enterprise investment schemes, venture capital trusts and ETFs are among the fund structures exempt from the Financial Conduct Authority's ban on the marketing of Unregulated Collective Investment Schemes (Ucis) to retail investors, much to the relief of industry experts.
amundi to buy us fixed income manager
Paris-based asset manager Amundi is to buy US fixed income specialist Smith Breeden Associates.
iShares launch new ETF settlement structure
BlackRock iShares is launching Europe’s first ETF with an international security structure, with the aim of improving liquidity, easing cross-border ETF processing and lowering transaction costs for investors.