News
London & Colonial launch flexible SIPP product
Independent financial services group London & Colonial has launched a new flexible SIPP which gives savers greater choice of investments and more drawdown options.
Australian regulator steps up financial advice probe
Australia’s corporate, markets and financial services regulator said it is investigating multiple instances of financial services firms charging clients for advice where it was not provided.
Schroders launches flexible catastrophe bond fund
Investment management group Schroders has launched a flexible catastrophe bond fund which will invest up to 25% in private cat bonds and be able to take tactical short positions.
Asian equities team at OMGI gets Hong Kong licence
Old Mutual Global Investors said its Asian equities team has received regulatory approval to operate from their Hong Kong office, marking the first time the business will have on the ground fund management capabilities in Asia.
Guernsey removed from Italian tax blacklist
The Italian Ministry of Finance has taken Guernsey off its revised tax blacklist of tax havens as a result of improved standards on exchanging tax information.