Australia
Retirement | 3 Mar 16
Qrops bounce back in Australia after HMRC cull
The number of Australian Qrops recognised by HM Revenue & Customs has leapt to more than 100 schemes in its latest updated list.
Macquarie offers robo-advice service for DIY investors
Macquarie Bank has launched a robo-advice service in Australia for savers who do not currently receive advice and want to manage their own investments online.
Alternatives | 16 Feb 16
AIFMD passport inclusion decision expected by June – CIMA
The Cayman Islands Monetary Authority (CIMA) said it is confident the European Securities and Markets Authority (ESMA) would complete its assessment of a second wave of nations for inclusion into the AIFMD passport system by June 30.
Australia moves to regulate IFA commissions
The Australian government has introduced new legislation to regulate commission payments made by life insurance companies to financial advisers.
Berkshire Hathaway SI offers PI cover to Aussie advisers
Berkshire Hathaway Speciality Insurance (BHSI) has unveiled four new executive and professional products in Australia, with the Professional First Financial Planners Professional Indemnity (PI) Insurance specifically geared towards the financial advice sector.