News
Tax & Regulation | news 4 Oct 16
Former US broker charged with fraud over £3.2m mutual fund scam
The US Securities and Exchange Commission (SEC) has charged a former broker with running a fraudulent mutual fund scheme.
People Moves | news 4 Oct 16
PEOPLE MOVES: Old Mutual, Investec W&I, Axa IM, Neptune
Old Mutual poaches ex-head of Aviva Life UK as its new customer champion czar, while Investec W&I promotes long-running executive for charities Louise Hall. Axa IM announces a casualty of its plan to merge its alternative solutions and structured finance teams as Neptune unveils a whole raft of changes to its US team.
Best Practice | news 4 Oct 16
Industry divided on UK plans to relax pension transfer rules
The UK government’s plans to potentially scrap the current ‘advice safeguard’ on some overseas pension transfers has met with a mixed response from the financial services industry, with some experts welcoming the move while others believe it will put consumers at risk of being targeted by fraudsters.
Premier AM confirms £140m IPO
Premier Asset Management has confirmed its IPO with existing shareholders, including Electra Partners, set to retain a controlling 54.4% of the business.
Best Practice | news 4 Oct 16
International Adviser Best Practice Adviser Awards 2016 results – Hong Kong
The winners in International Adviser’s inaugural Best Practice Adviser Awards 2016 for the Hong Kong region were announced on Tuesday at the Island Shrangri-La Hotel.