Regions
Best Practice | 27 Jun 18
Wealth managers ‘taking advantage’ of clients’ trust
Half of UK investors don’t know what they are being charged by their wealth manager, according to UK discretionary manager Netwealth.
Holborn Assets has Dubai licence suspended
Dubai-based Holborn Assets Insurance Brokers has had its Insurance Authority licence suspended for three months, in a rare case of the regulator taking action over a complaint about what is believed to be the sale of a long-term savings product.
Market volatility putting thousands of UK pension pots at risk
Thousands of people in drawdown are not adjusting their pension income levels to account for market volatility, leading to fears they could drain their retirement pots too quickly, research from Zurich has found.
Best Practice | 27 Jun 18
Experts unite to set up Pensions Advice Taskforce
The UK’s Personal Finance Society has formed a taskforce to help provide strategic leadership and a voluntary code of professional standards for pension advice.
Generali doubles up in India
Italy’s Generali Group is increasing its stakes in two insurance joint ventures in India to 49% up from 25.5%, “underscoring its commitment to growing its presence in the local insurance market”.