News
Investment | news 25 Feb 15
US unveils plans to tackle hidden adviser fees
US President Barack Obama has announced plans to update the rules for financial advisers on Wall Street in a bid to crackdown on hidden fees and back-door payments that mean clients may not get the best retirement investment advice.
Axa Wealth Intl has moderate FUM growth
Axa Wealth International has seen modest growth in funds under management which rose by £400m in 2014, despite a “challenging” post-RDR environment.
Investors rally against firm after £9m losses
Hundreds of investors who lost around £9m in an allegedly fraudulent investment scheme are uniting to try to get their money back.
ITA grows Middle East business in Dubai
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.
WMA says capital markets union must
The Wealth Management Association (WMA) has welcomed the European Commission’s plans for a capital markets union (CMU) but said its focus must lie in retail investors.