News
Adviser recruitment review positive for clients in Singapore
Most IFAs in Singapore believe that a review of the industry’s recruitment practices by the city state’s Life Insurance Authority (LIA) will have a positive impact on client outcomes.
€8bn refund on cards following French tax ruling
A French Constitutional Court ruling that a 3% surtax on dividends was unconstitutional is expected to see about €8bn (£7.15bn, $9.4bn) claimed in refunds.
Investment | news 20 Oct 17
‘Dangerous’ ETF boom at root of next crisis
“The world has gone mad” Baillie Gifford’s Charles Plowden has said, comparing the boom in exchange-traded funds (ETFs) to the hysteria that led to the global financial crisis.
PEOPLE MOVES: Generali, HSBC Life, Lombard Odier
Generali Group parts ways with its chief insurance officer, HSBC Life appoints a new chief executive and Lombard Odier pulls its new head of family wealth services from UBP.
Ex-SJP adviser jailed for gambling away £850k of client money
An appointed representative of St James’s Place has been jailed for 40 months after being found guilty of stealing and losing £844,010 ($1.1m, €940,707) from eight clients over a period of three years.