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News

Australian regulator to make guilty pay investigation costs

Tax & Regulation | news 14 Aug 15

Australian regulator to make guilty pay investigation costs

Australia’s main regulator has announced plans to make the finance industry pay the costs of investigations where they have been successful, in move which could raise the scale of it penalties imposed.

When on a fund hunt, what matters most?

Products | news 14 Aug 15

When on a fund hunt, what matters most?

Which criteria do fund analysts value most when they conduct an investment fund screening process? Research firm Cerulli asked the question to a sample of fund analysts based in the United States. The answer? They care most about the costs, and much less about track record.

Sanlam UK wealth unit launches retirement income service

Offshore Bonds | news 14 Aug 15

Sanlam UK wealth unit launches retirement income service

Sanlam Private Wealth, the UK wealth management arm of South African insurer Sanlam Group, has launched a retirement income service aimed at tackling the twin issues of living longer than expected and the huge range of investment choices.

FCA publishes conduct rules for overseas banks and Solvency II firms

Tax & Regulation | news 13 Aug 15

FCA publishes conduct rules for overseas banks and Solvency II firms

The FCA has published rules on how it will apply its accountability regime – aimed at improving professional banking standards – to overseas banks and Solvency II firms operating in the UK.

SFO seeks more evidence for final stages of Harlequin probe

Property | news 13 Aug 15

SFO seeks more evidence for final stages of Harlequin probe

Investors into troubled overseas property company Harlequin have been asked to come forward and give evidence to assist the Serious Fraud Office in the final stages of its criminal investigation.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.