News
Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.
Retirement | news 8 Jun 15
FCA outlines process for dealing with insistent clients
The UK’s financial watchdog has published a paper outlining whether an adviser would be liable for losses when dealing with clients who insist on taking action against their advice.
Singapore firms could face global regulator probes
International regulators will be allowed to investigate the Singapore-based subsidiaries of multi-national advisory firms under new guidelines set out by the Monetary Authority of Singapore.
Annuities set to weather UK pension reforms
Annuities are expected to see enduring demand in the UK despite the pension reforms in April, though most financial advisers forecast that drawdown products will become the more popular retirement option, according to new research from Canada Life.
Most advisers prefer a successor to a sale on retirement -Russell
Financial advisers would prefer to find a successor that can take on their business when they retire, rather than pursue a sale, new research from Russell Investments suggests.