News
EU regulation overload hindering industry
The glut of hefty EU regulations introduced this year do not always complement each other, complains the Association of the Luxembourg Fund Industry (Alfi) chair Denise Voss.
Singapore clamps down on adviser recruitment incentives
In an attempt to curb mis-selling and adviser mass-migration, guidelines on the use of sign-on incentives in the recruitment of financial advisers have been rolled out by the Life Insurance Association of Singapore (LIA).
Prudential offloads £12bn annuity book as it carves out M&G
Prudential is selling £12bn ($16.7bn, €13.5bn) of its UK annuity portfolio in a landmark deal to Rothesay Life, as part of a major revamp that will see its UK and Europe business, M&G Prudential, become a separately-listed company.
Singapore police and regulator team up to investigate IFAs
The Monetary Authority of Singapore (Mas) and the white-collar crime unit of the city-state’s police force are teaming up to investigate all capital markets and financial advisory offences.
Investment | news 13 Mar 18
VCT funding hits decade high
Venture Capital Trust (VCT) funding has reached its highest level in more than a decade with three weeks still to go before the end of the tax year, according to figures from Wealth Club.