Regions
HSBC GAM moves to boost fund distribution in Asia
HSBC Global Asset Management has moved to boost its fund distribution and sales drive across Asia with the announcement of two new appointments.
Retirement | 30 Jul 15
UK Gov’t outlines defence against ‘excessive’ pension exit fees
The UK Government has proposed three solutions to combat “excessive” early exit charges on pension schemes following fears they are restricting access to the new retirement flexibilities.
Alternatives | 30 Jul 15
ESMA recommends six non-EU nations for AIFMD passport
The European Securities and Markets Authority (ESMA) has recommended that six countries should be among the first wave of non-EU countries to get access to a Europe-wide passport under the Alternative Investment Fund Managers Directive (AIFMD).
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.
Nomura Int’l fined after breaching Hong Kong regulations
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.