News
China sets up fund industry courtroom
China has created the country’s first court which will specialise in judging cases involving the fund industry in a bid to increase regulatory scrutiny of the financial services sector.
Investment | news 15 May 17
Advisers are backing UK equities, says Aegon
A new poll from Aegon UK highlights that a significant portion of UK advisers are riding on UK equities to provide the best return for clients ahead of the snap election.
Investors dump US equities, buy Europe, says Lipper
US equity ETFs saw net outflows of €1.3bn ($1.4bn, £1.1bn) in April, in a sharp reversal from the previous month when it was the best-selling asset class overall, Lipper reported. European equity ETFs, by contrast, enjoyed huge inflows on the back of macro(n)economic optimism.
Retirement | news 15 May 17
UK pension fraud hits record high
Twenty-four victims of pension fraud lost a record £8.6m ($11.1m, €10.1m) in March 2017, a 10-fold increase from the previous month, figures from the City of London police reveal.
Best Practice | news 15 May 17
Loyalty to colleagues greater than to firm, says ethical survey
Loyalty to colleagues rather than the firm takes the upper hand, according to a survey into ethical behaviour in the UK workplace released by the Chartered Institute for Securities & Investment (Cisi).