News
Retirement | news 29 Apr 16
FCA details the prices charged by UK advice firms
UK financial advisers charge between 1% and 4.5% of investible assets for their initial financial planning advice to clients with up to £50,000 ($73,000, €64,000), a survey by the Financial Conduct Authority has found.
Australia eases planned skill standards for financial advisers
The Australian government has revised its plans to ensure financial advisers hold a university degree and has decided to delay the introduction of new rules aimed at raising the education, training and ethical standards of financial advisers.
British expats lose High Court battle over ‘Brexit’ vote
British expats will not have the right to vote in the UK’s upcoming EU referendum after a High Court challenge to the rules failed on Thursday.
People Moves | news 28 Apr 16
PEOPLE MOVES: Schroders, Julius Baer, Aberdeen AM…
Schroders confirmed two senior appointments despite public protestations, while Julius Baer has revamped its UK front office. Aberdeen AM has poached its new Asia Pacific head of multi asset from Alliance Bernstein, with Providence creating a new regional director role in Asia.
Deutsche AM revenue down 12%, Wealth down 8%
Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.