News
HK regulation drives trend for consolidation
Significant consolidation is expected in Hong Kong as advisory companies adjust to evolving remuneration models.
MiFID firms fall short on advice responsibilities
Investment firms across Europe are failing to provide the best possible results for their clients as they are required to under the Markets in Financial Instruments Directive (MiFID), the EUs key independent authority has said.
ABI warns UK is not ready for pension reforms
The UK government’s failure to clarify fundamental details around pension reforms has left the industry unprepared for the changes, according to the Association of British Insurers.
St Jamess Place announces Metro platform
St. James’s Place Wealth Management is to launch a new banking service using Metro Bank as its platform.
New multi-asset funds overtake bond funds in 2014
The number of new mixed-asset funds launched in 2014 and registered for sale in Europe exceeded the number of bond launches last year and accounted for 25% of the market, data from Lipper showed.