News
Macro Views | news 7 Nov 16
US tracker popularity resilient despite election
Tilney Bestinvest’s clients continued to put money into US tracker index funds in October despite markets being spooked by the potential outcome of the presidential election.
Old Mutual Int’l targets Hong Kong’s domestic advisers
Old Mutual International has appointed Friends Provident International’s Ivy Lee as head of business development to boost the firm’s support for the domestic adviser channel and reach in the domestic adviser market.
Best Practice | news 7 Nov 16
UK government urged to scrap pensions triple-lock
The UK’s pension triple-lock will “worsen the economy”, is “heavily skewed” towards baby boomers, and should be scrapped, according to the Commons Work and Pensions Committee.
HSBC sees profits slide after shedding Brazil business
HSBC reported an 86% decline in Q3 profits having sold its Brazilian business, changed its credit spread, and faced a strengthening US dollar.
Crown dependencies set out their stall in Brexit talks
Chief ministers of Jersey, Guernsey and the Isle of Man have held the first in a series of meetings with the UK government aimed at setting out their interests in the Brexit negotiations with the European Union.