Regions
United Kingdom | 20 Oct 15
SIPP complaints up by a third in Q2 says UK Ombudsman
Complaints about self-invested personal pensions (SIPPs) rose by a third during the second quarter of 2015, while term assurance product complaints decreased by 23%, according to the UK’s Financial Ombudsman Service (FOS).
FEIFA partners with Nova Wealth
The Federation of European Independent Financial Advisers (FEIFA), has announced a new partnership with Guernsey-based, multi-jurisdictional offshore investment manager Nova Wealth.
Aegon UK adds Brewin Dolphin’s DFM service to platform
Aegon UK, part of Dutch international insurance group Aegon, has added wealth managers Brewin Dolphin as a discretionary fund manager (DFM) on its Retirement Choices platform.
Retirement | 18 Oct 15
UK lawmakers call for action on financial advice gap
The UK pension freedoms introduced in April this year are not yet operating as well as they should, and the provision of affordable advice was “woefully inadequate”, a new report from a parliamentary oversight committee found.
Hong Kong plans to extend resolution powers to unregulated firms
Unregulated financial firms in Hong Kong will now be included in the city’s budding resolution regime, which will give the regulators greater powers to minimise the impact failed institutions have on the local economy.