Regions
Singapore adviser ring accused of pressuring rival out of market
Ten Singapore-based advisory firms have been issued a proposed infringement decision (PID) over claims they jointly pressured a fellow adviser to withdraw an offer for a 50% commission rebate on life insurance products.
Tax & Regulation | 29 May 15
HMRC to act against aggressive tax avoidance scheme
The UK tax office said it plans to take firm action against the users and promoters of a tax avoidance scheme run by high profile recruitment company, Anderson Group.
Asian managers one step ahead in social media
Asian asset managers are ahead of the game when it comes to social media, using it more consistently than their counterparts in the US, Europe, Africa and Middle East, according to recent research.
BNY Mellon launches European Dynamic Total Return Fund
BNY Mellon Investment Management has launched a UCITS Dynamic Total Return Fund, giving European investors access to its successful investment strategy which aims to keep pace with global equity markets while managing volatility and cushioning any market falls.
United Kingdom | 28 May 15
Financial industry concerned over FCA complaint reforms
A user group of representatives from the UK financial services industry has expressed concerns over the additional workload and costs likely to be created by the Financial Conduct Authority’s proposed reforms to the way complaints are handled.