News
Best Practice | news 1 Jul 16
New professional standards for Australian advisers welcomed
A revised professional standards framework for financial advisers and planners in Australia has been welcomed by the Association of Financial Advisers (AFA) and Financial Planning Association (FPA), but further improvements could be made.
Guaranteed products gain in volatile markets, says Beechwood
Beechwood Bermuda, a provider of capital guaranteed investment plans for the international market, said current market volatility has put it on course for record monthly sales.
United Kingdom | news 30 Jun 16
Guernsey is a financial services ‘safe haven’, says minister
The island remains a “safe haven” for financial services despite the UK’s decision to leave the European Union, according to Guernsey’s chief minister, deputy Gavin St Pier.
Tax & Regulation | news 30 Jun 16
UK IFA ordered to undo ‘inappropriate’ illiquid investments
A UK advisory firm must compensate a client it advised to give up a guaranteed cash sum and annuity rate to invest in illiquid storage units, the Financial Ombudsman Service (FOS) has ruled.
Expats: buying your way out of Brexit
A number of European countries are offering citizenship for a price, as expats scramble to secure a future in the EU.