News
UK advisers to recruit as more pass £1m income barrier
A third of UK advice firms reported annual income of more than £1m ($1.23m, €1.16m) in 2016, with nearly half of all firms planning to recruit in 2017, according to a survey from insurance giant Aviva.
deVere launches private bank following St Lucia acquisition
deVere Group, one of the world’s largest independent financial advisory organisations, has launched its own private bank on the Caribbean island of St Lucia.
Pictet targets robotics in latest fund launch
Pictet has launched a robotics-themed fund, which is tied to cyclicality and capex spending and linked to a country’s economic health, according to Peter Lingen, the asset manager’s Geneva-based senior manager for thematic equities.
Investment | news 23 Jan 17
US corporate tax cuts not priced in, says Standard Life Investment
US equity markets have yet to price in Donald Trump’s proposed corporate tax cuts, said Andrew Milligan, Standard Life Investments’ Edinburgh-based head of global strategy.
Tax & Regulation | news 20 Jan 17
97% drop in FCA fines not a return to light touch regulation
The more than 97% decrease in fines levied by the UK regulator against financial institutions does not signal a return to light touch regulation, says Mark Steward, director of enforcement and market oversight at the Financial Conduct Authority (FCA).