Australia
HSBC Australia to compensate structured product clients
HSBC Bank in Australia has reached a deal with the industry regulator to compensate clients who received “potentially deficient advice” on retail structured products sold between January 2009 and March 2013.
Investment scams growing rapidly in Australia
The number of investment scams detected in Australia doubled in 2015 and overtook dating and romance scams as the category with the largest financial losses reported by Australians.
Retirement | 11 May 16
Expats in Australia hit by £250K lifetime allowance cap
British expats living in Australia could see their retirement plans derailed following legislation curbing the amount they can save into their pensions.
Focus Financial enters Australia after signing up MW Lomax
The US-based partnership of independent wealth management firms, Focus Financial Partners, has expanded its international network to Australia by signing up the Melbourne-headquartered MW Lomax Group.
Janus Capital to roll out absolute return income fund
Janus Capital International has announced the launch of the Janus Absolute Return Income Fund across various European markets, including the United Kingdom.