News
People Moves | news 17 Jul 15
FCA head Martin Wheatley resigns
The head of the UK’s Financial Conduct Authority, Martin Wheatley, has resigned as chief executive with effect from 12 September.
Investment | news 17 Jul 15
UK interest rate rise due in November but it should be August – F&C
The first UK interest rate rise is likely to arrive in November, says F&C’s Steven Bell, but cannot come soon enough.
Nick James leaves Generali International
Generali International’s sales manager for North Asia, Nick James, has left the company after spending more than a decade there.
Fees key to Asian fund sales
Retail investors in Hong Kong, Singapore and South Korea are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
United Kingdom | news 16 Jul 15
FSCS payouts jump by 35% as SIPP claims rise
The Financial Services Compensation Scheme paid out £327m in compensation to British consumers over 2014/15, a significant rise from the previous year after payments for SIPP-related claims made against financial advisers soared by 50%.