News
Half of DB pension transfers unsuitable blasts FCA
The UK financial watchdog has strongly criticised defined benefit (DB) pension transfer advice saying that most of the recommendations made are unsuitable.
Offshore law firm opens Hong Kong office
Collas Crill has set up a representative office in Hong Kong to extend the offshore law firm’s reach in Asia.
Invesco launches first preferred shares ETF
Invesco PowerShares has launched its first preferred shares ETF in Europe.
Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
Western Europe to go fee-only predicts deVere
DeVere Group’s James Green has said the firm is planning for a fee-only future, predicting that western Europe will move entirely to this form of remuneration ‘within five to 10 years’.