News
Sharp fall in premiums bite Japan’s ‘top four’ life insurers
Japan’s four largest life insurers have reported a 16% decline in combined domestic premium income in the fiscal year ending 31 March 2017.
Best Practice | news 26 May 17
Commission still makes up 25% of revenue for UK IFAs
Financial advisers in the UK still earn a quarter of their income from commission, according to latest figures from the Financial Conduct Authority (FCA).
Vanguard to target retail investors in China
US mutual fund giant Vanguard has launched a wholly-owned operation in China to target the fast-growing retail investment market in the world’s second largest economy.
STM considers Qrops ‘buying spree’ as European units downsized
STM chief executive Alan Kentish has said the cross border financial services provider is well placed to go on a “buy and build acquisition spree” of Qrops businesses, following the UK’s shock decision to impose a 25% transfer charge earlier this year.
Retirement | news 25 May 17
Sipp provider Momentum clarifies asset rules amid ‘scrutiny’
Malta-headquartered Momentum Pensions has clarified rules around which assets it will accept into its International Sipp as chief executive Stewart Davies confirms the sector is under a “heightened level of scrutiny”.