News
Best Practice | news 7 Jun 16
UK advisers working longer hours, charging £157 per hour
More than a quarter of UK financial advisers are working longer hours, charging an average hourly rate of £157 ($226, €199), according to research from British insurer Prudential.
Elian sold to Dutch firm Intertrust
Jersey headquartered fiduciary services company Elian Group is to be sold for £435m ($627m, €553m) to Dutch trust and corporate services provider Intertrust.
Emerging Markets | news 7 Jun 16
HSBC overweight emerging market equities
A cautious US Federal Reserve, stabilisation of oil prices and accommodative monetary policies are among the factors expected to drive emerging market equities, according to HSBC Private Bank.
Feifa labels Priips regs ‘unworkable’
Paul Stanfield, head of The Federation of European Independent Financial Advisers, has slammed the key information document (Kid) as “unworkable”, warning that implementing it in its current form would reduce choice for consumers.
Middle East | news 7 Jun 16
Saudi Arabia details plan to transform economy by 2020
Saudi Arabia has formally unveiled its National Transformation Plan, which sets out how it will more than triple its non-oil revenue, cut state handouts and create more than 450,000 new jobs in the private sector, all by 2020.