United Kingdom
Mattioli Woods cites PI costs for pension transfer exit
UK-based Mattioli Woods has blamed the increasing costs of professional indemnity (PI) insurance for its decision to exit the pension transfer market.
No longer in doubt, UK adviser directory gets go ahead
After concerns that client-facing advisers would be excluded from a financial services directory, the Financial Conduct Authority has confirmed that these roles will be included.
Alternatives | 4 Jul 18
ESG investors face mixed bag with bitcoin and blockchain
Cryptocurrencies should be viewed critically from an environmental, social and governance (ESG) perspective, but the blockchain technology that underlies them could have positive applications for democracy and economic inclusion, according to a sustainable investments rating agency.
Invesco and Woodford diverge over boardroom battle
In a rare divergence, Neil Woodford and his former employer Invesco Perpetual have ended up on opposite sides of the fence over a boardroom battle taking shape at Stobart Group, famous for its huge lorries.
UK asset managers risk being shut out post-Brexit
If they don’t heed the stark warning from the European Commissions about the legal repercussions of Brexit, asset managers in the UK are at risk of being shut out of the European market, warns Brendan Adams, managing director, VAM Global Management Company.