News
HSBC Australia to compensate structured product clients
HSBC Bank in Australia has reached a deal with the industry regulator to compensate clients who received “potentially deficient advice” on retail structured products sold between January 2009 and March 2013.
Retirement | news 17 May 16
Excessive due diligence not expected of UK Sipp providers
The UK’s Pensions Ombudsman has found in favour of Sipp providers in a case where a client made non-regulated investments without seeking financial advice.
Tax & Regulation | news 17 May 16
Isle of Man opens the door to crowdfunding platforms
The Isle of Man has introduced new legislation to regulate crowdfunding platforms in a bid to attract more of the peer-to peer lending startups to the island.
North America | news 17 May 16
UBS invests in wealth management technology
UBS Wealth Management Americas (WMA) has formed a strategic alliance with San Francisco-based wealth management technology firm SigFig to develop a digital platform to support the UBS’s financial advisers and their clients.
Fixed Income | news 17 May 16
BlackRock launches strat bond fund for Blundell, Edwards
BlackRock has launched a sterling strategic bond fund for fund managers Simon Blundell and Ben Edwards.