News
Generali to exit Guatemala and Liechtenstein
Italy’s largest insurer Generali is set to pull out of Guatemala and Liechtenstein after signing agreements to sell its operations in two separate deals.
Middle East | news 29 Sep 16
Adam Rix to leave Amundi’s Middle East operation
Adam Rix, director – third party distribution for the Middle East at European asset management giant Amundi, is to leave the company.
Tax & Regulation | news 29 Sep 16
UK advisers must record calls under new FCA Mifid II rules
Financial advisers in the UK may be required to record phone calls to clients under the Financial Conduct Authority’s (FCA) proposals regarding Mifid II, which also looks at extending the RDR commission ban for portfolio managers.
Investment | news 29 Sep 16
Clients unaware of risk of passive investing, say UK advisers
Around 60% of financial advisers in the UK have concerns that clients are unaware of the risks of passive investing which tracks a market-weighted index or portfolio, according to a new survey by Natixis Global Asset Management.
Tax & Regulation | news 29 Sep 16
Former UK BlackRock fund manager charged with insider dealing
Mark Lyttleton, a former star manager of BlackRock UK Absolute Alpha, has been charged with three counts of insider dealing by the Financial Conduct Authority (FCA).