News
North America | news 21 Sep 16
US introducing RDR ‘through the backdoor’
Recent moves in the US suggest that the country is bringing in its own version of the retail distribution review “through the backdoor”, according to Capgemini Consulting’s Rod Bryson.
Brooks MacDonald grows FUM despite Brexit headwinds
Brooks MacDonald overcame “significant headwinds” to achieve higher funds under management and profits for the year ending 30 June 2016.
Bank of Japan’s new weapon in inflation fight gets mixed reception
With news overnight that the Bank of Japan has unveiled a new form of stimulus, professional investors and economists reacted with mixed enthusiasm.
Best Practice | news 21 Sep 16
Advisers losing out due to customer experience not price
Advisers are losing business because they are failing to provide clients with a good customer experience, not because other companies are beating them on price, according to Rod Bryson, principal – wealth, long-term savings and insurance at Capgemini Consulting.
Tax & Regulation | news 21 Sep 16
UK to change definition of ‘advice’ in line with Mifid
The UK government has launched a consultation on changing the definition of financial advice, so that only a personal recommendation for a product is considered advice which will be regulated.