News
Old Mutual exits Europe after completing sale of Italian unit
Old Mutual has confirmed its exit from continental Europe after finalising the sale of its Italian operations to Phlavia Investimenti.
North America | news 9 Jan 17
US politician introduces bill to delay adviser reforms
A US congressman has introduced a bill that could delay the Department of Labor’s (DoL) much-anticipated fiduciary rule by at least two years.
Retail investor protection strengthened in Singapore
Retail investors in Singapore will receive greater protection following changes to the Securities and Futures Act (SFA).
United Kingdom | news 9 Jan 17
UK court rules £75k pension transfer loan was liberation
A UK court has ruled that a £75,000 ($92,106, €87,429) loan taken out by a client to fund investments as part of a pension transfer was a form of pension liberation and should be subject to tax.
2017 will be a good year for EM equities
Upward revisions of corporate earnings and attractive valuations should buoy emerging market equities, according to Eastspring Investments and Schroder Investment Management.