News
Retirement | news 14 Mar 16
UK accountants overwhelmed by pension advice boom
Accountants working in the UK are ill-equipped to deal with the growing demand for personal financial advice following recent changes to early pension access, according to a new poll by retirement lending adviser Bower Private Clients.
Tax & Regulation | news 14 Mar 16
Return to commission in UK ‘ruled out’ by FAMR report
In further industry reaction, a number of key players in financial services have reacted positively to the FAMR report’s positioning in favour of a fee-based only RDR regime, with no re-introduction of commission as remuneration for financial advisers.
Ashburton offers Sterling share class for India equity fund
Ashburton Investments is set to launch a new Sterling share class for its US dollar-based India Equity Opportunities Fund.
Legg Mason announces Martin Currie merger
Global asset management firm Legg Mason has merged its subsidiary Martin Currie Global Funds (MCGF) into its Legg Mason Global Fund (LMGF), as part of a move to exploit greater economies of scale, the firm has revealed.
People Moves | news 14 Mar 16
HSBC GAM names Rudd head of UK wholesale
HSBC Global Asset Management has announced the appointment of Dan Rudd as head of wholesale, UK.