Regions
Advice firms in Hong Kong come to terms with new rules
Independent financial advisers in Hong Kong have spent much of May coming to terms with further substantial changes to the region’s previously light touch regulatory regime.
Retirement | 3 Jun 16
Watchdog tells wrongly-advised client to pay £1,700 exit fee
A decision by Friends Life to charge a client a £1,700 exit fee for transferring a planned pension has been upheld by the UK’s Pensions Ombudsman Service (POS), despite being wrongly advised by her IFA.
Dubai announces grace period to meet health cover rule
The Dubai Health Authority has decided to delay imposing any penalties on individuals and their dependents if they fail to meet a 30 June deadline to sign up for mandatory health insurance cover.
Multi Asset | 3 Jun 16
Multi-asset funds best placed to hit client targets: BNP Paribas
In a low yielding and high risk world multi-asset funds are best placed to meet the investment outcomes clients require, says Colin Graham, head of active asset allocation, multi asset solutions for BNP Paribas Investment Partners.
Alternatives | 2 Jun 16
EU looks to improve access of cross-border Ucits and AIFs
The EU has launched an investigation into the barriers blocking the distribution of Ucits and Alternative Investment Funds (AIFs) in a bid to increase the take up of the products across its 28 member states.