Trump calls tax avoidance ‘smart’ in live debate with Clinton
Donald Trump called tax avoidance “smart” during the first live US Presidential TV debate with rival Hillary Clinton in New York.
Author: Mark Battersby
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FCA to ‘steer away’ from fund manager fee cap
The Financial Conduct Authority (FCA) is set to hold back from capping the fees fund manager charge on their products, according to reports.
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Hargreaves Lansdown CEO to step down, assets exceed £60bn
Hargreaves Lansdown said its chief executive Ian Gorham is to step down by the end of September 2017, as the FTSE 100 quoted UK platform announced its assets under administration had grown 12% to £61.7bn over the year to 30 June.
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Absolute Engagement’s tips on how to engage with clients
In the first in a series of three, Julie Littlechild, founder of Absolute Engagement, explores the importance of advisers and clients working together to enhance customer engagement.
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Rewarding global adviser excellence
To accompany the launch of our Best Practice section on our website, International Adviser is pleased to present to you a series of global Best Practice Adviser Awards, in partnership with Old Mutual International, recognising those within the industry that are, or have made, the transitions towards best practice.
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Axa Wealth International to be sold
Axa has agreed to sell its Isle of Man-based operations of Axa Wealth International to specialist M&A firm Life Company Consolidation Group (LCCG).
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Financial advice industry needs to ‘come clean’ on exit fees
UK chancellor George Osborne’s recent announcement to cap investment and pension exit fees is a big step in the right direction towards tackling punitive investment and pension exit fees, says David Pugh, director of The Fry Group, Singapore.
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Return to commission in UK ‘ruled out’ by FAMR report
In further industry reaction, a number of key players in financial services have reacted positively to the FAMR report’s positioning in favour of a fee-based only RDR regime, with no re-introduction of commission as remuneration for financial advisers.
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FAMR calls for early pension access and advice definition change
The Financial Conduct Authority is calling for early access to pension pots to pay for advice costs, in its final report on the Financial Advice Market Review (FAMR) published today.
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Asset allocator: Lombard Odier on the fundamental bond issue
One of the ways in which Lombard Odier distinguishes itself from its peers is to use fundamentally weighted bond indices in its asset allocation, a practice it developed in 2010 after identifying what it perceived as a problem with the mainstream indices.
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Advisers need to shake up diligence status quo – FCA
Many financial advisers are not doing enough to “challenge the status quo” around the products and services they offer to clients, according to the Financial Conduct Authority.
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Old Mutual narrows international focus, buys expat adviser
Old Mutual Wealth has today signed an agreement to buy the Singapore-based expat-focused financial advisory firm AAM Advisory as part of its plans to concentrate the Old Mutual International business on only two core markets in North/SE Asia.