News
Beaufort clients face covering £100m liquidation costs
Clients of collapsed Beaufort Securities could lose up to 40% of the value of their holdings to cover liquidation costs, bringing into question the whole system of regulatory and legal protection of investors in the UK, according to campaign group ShareSoc.
Abandoned Saunderson House sale to hit client pipeline
The owner of IFA firm Saunderson House has predicted that its brief spell on the market will hit future client acquisition.
Vanguard to unveil first China ETF in Hong Kong
Despite a spate of China ETF delistings in Hong Kong, Vanguard is about to launch its first China-focused exchange traded fund in Hong Kong.
Aussie advisers to pay for Royal Commission clean up
Financial institutions and advisers will be hit with higher levies after the Australian Government announced additional funding for two regulatory bodies to support their work with the ongoing Royal Commission.
Zurich partners with Mercer in Middle East
Zurich is to launch a workplace savings scheme in a deal with investment consultants Mercer.