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News

FCA warns firms of robo-advice failings

Africa | news 30 Jul 18

Only 1% of consumers using robo-advice

Despite many fintech firms proclaiming robo-advice growth, a major survey by GlobalData has revealed that, across the generations, only 1% of consumers are using the technology to invest.

Commodities | news 30 Jul 18

Failed Columna Fund investigator sets up task force

A Swiss-based private partnership created to help those who have suffered losses of assets and money from financial companies has launched a task force to recover money from the failed Columna Commodities Fund.

Life | news 30 Jul 18

How to spot a dodgy life insurance contract

Small advice firms could face tougher anti-money laundering (AML) safeguards under a regime drafted by the Financial Action Task Force (FATF), which has published a series of red flags for suspicious insurance contracts.

Risks lurk as DFMs shed bonds for alternatives

Investment | news 30 Jul 18

Risks lurk as DFMs shed bonds for alternatives

AJ Bell and Seneca are among investment managers shedding bonds as rate hikes loom, but others are concerned alternative assets present new sources of risk.

Property fund slams closure of Serious Fraud Office case

Asia | news 30 Jul 18

Rothschild set to close Singapore wealth management office

Rothschild & Company has said it remains committed to Asia, despite announcing the closure of its Singapore wealth management office.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.