Hong Kong advisers suffer regulatory headache
Announcements from two Hong Kong regulatory bodies could make the already challenging IFA market even more confusing and difficult to navigate in 2016.
Author: Kirsten Hastings
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Tips to stay on top of financial planning next year
This year has brought about a significant number of changes that impacted the personal finance landscape. There have already been a number of announcements which will affect people’s financial plans, says Andy Cumming, head of advice at Close Brothers Asset Management, who outlines four key things to watch out for in 2016.
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What UK pension investors should look out for in 2016
After seismic changes to the pensions landscape, 2016 looks like being another year of upheaval. Here are the main things Hargreaves Lansdown think investors should look out for.
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Osborne to appoint new FCA chief executive soon
Chancellor George Osborne is expected to name the new chief executive of the UK’s Financial Conduct Authority (FCA) within the next few weeks.
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Tax fraud costs UK government £16bn a year
HM Revenue & Customs loses billions each year as a result of fraud and needs to improve its use of data and analysis to tackle tax fraud, the hidden economy, and criminal attacks, according to a new report.
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MoneyFarm appoints chief tech officer ahead of UK launch
Italian digital wealth management firm MoneyFarm has appointed David Jeffrey chief technology officer ahead of its 2016 UK launch.
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Retirement trends: The Twelve Days of Pensions
Embracing the festive season, Fidelity International presents to you “The Twelve Days of Pensions 2015”, outlining key retirement trends gleaned from customers calling its contact centre between July and November 2015.
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JFSC’s structure changes, trust company fees set to rise
The Jersey Financial Services Commission (JFSC) has announced changes to the structure, processes, and systems it uses to regulate the island’s international financial services industry.
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US investor firm targets European growth with London office
New York-headquartered investment firm Pzena Investment Management opened a new London office on Tuesday, as part of the next phase of its European expansion.
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Luxembourg drafts new law for Reserved AIFs
Luxembourg has published draft legislation on a new alternative fund structure; the Reserved Alternative Investment Fund (RAIF), which is expected to be adopted in the second quarter of 2016.
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OMGI brings EM debt fund in house
Old Mutual Global Investors (OMGI) will bring its Emerging Market Debt Fund in house and has appointed head of emerging market debt, John Peta, to manage the fund.
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New UK secondary annuities market greeted with caution
The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.