News
Tax & Regulation | news 16 Jan 17
IoM global commission disclosure still two years away
Life companies based on the Isle of Man will have to disclose client commission worldwide from January 2019, the head of the Isle of Man Financial Services Authority (IoMFSA) has confirmed.
Best Practice | news 16 Jan 17
SJP faces backlash for escaping 1% exit charge on pensions
St James’s Place, one of Britain’s biggest wealth managers, has come under fire over claims it will not be caught by an incoming cap on exit charges.
United Kingdom | news 16 Jan 17
Optimus launches Qnups aimed at UK IFA market
Isle of Man-based pension provider Optimus has launched a new qualifying non-UK pension scheme (Qnups) aimed at wealthy individuals hit hard by the UK’s lifetime allowance cap as well as the annual tax taper.
Investor fatigue hits absolute return funds
Absolute return fund flows hit their lowest level in more than two years in November. Do the fading inflows suggest investors are losing patience with an asset class that is failing to deliver on its promises?
Fixed Income | news 16 Jan 17
Allianz favours short duration bonds as market volatility grows
Interest rate volatility has spiked and investors are urged to stay away from bonds with long maturities, especially in developed markets, according to Allianz Global Investors’ chief investment officer, Malie Conway.