United Kingdom
Best Practice | 25 Jul 17
Is your DFM offering value for money?
Investors can assess whether a DFM offers value for money by unbundling the DFM’s service into admin costs, market access costs and applied research, and allocating a “reasonable cost to each”, a consultancy claims.
Tax & Regulation | 25 Jul 17
Jailed ex-Schroders trader ordered to pay £350k to FCA
A UK judge has ruled the Financial Conduct Authority can claw back £350,000 ($455,837, €391,249) from a former Schroders fund manager convicted of insider dealing.
Multi Asset | 25 Jul 17
UK advisers backing multi-asset funds
More than a third (36%) of UK advisers are mainly using multi-asset strategies with clients, up from less than a fifth (18%) last year, research from Aegon UK has found.
More UK life insurers offering cover to British expats
More than a quarter of UK life insurance companies now offer life products to British citizens living abroad, research from Unusual Risks Mortgage & Insurance Services has found.
Best Practice | 24 Jul 17
St James’s Place fails on disclosure says UK consumer watchdog
Financial advisers from St James’s Place are failing to comply with rules on transparency around charges and some are misleading potential customers about what they can offer, an investigation by UK consumer watchdog Which? has found.