Regions
United Kingdom | 9 Jun 15
IFA use of DFMs to grow, but service quality key- Investec
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.
Asian fund passport targeted for 2016 launch
Six major countries in the Asia Pacific region expect to launch a funds passport in 2016 which will make it easier for financial services professionals to market investment products, such as mutual funds, to retail customers in each other’s economies.
Withers launches Japanese tax practice
International law firm Withers has launched a Japanese tax practice in Tokyo as it looks to continue its growth in Asia.
Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.
Retirement | 8 Jun 15
FCA outlines process for dealing with insistent clients
The UK’s financial watchdog has published a paper outlining whether an adviser would be liable for losses when dealing with clients who insist on taking action against their advice.