Delaware gives ‘critical’ backing to ailing US beneficial owners list
The United States’ most nebulous jurisdiction has backed a bid in Congress to create a beneficial ownership register.
Author: Will Grahame-Clarke
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PEOPLE MOVES: Brewin Dolphin, Schroders, PIAS
Brewin reshuffles Edinburgh team, Schroders appoints from Blackrock and Singapore financial adviser PIAS hires chief executive from Prudential.
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Canaccord responds to IA action over Holborn
In light of the regulatory action by the UAE Insurance Authority against Holborn Assets, Canaccord Genuity Wealth Management has told International Adviser that it is “keeping the matter under review and looks forward to the conclusion of the regulator’s findings”.
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Massive differences uncovered by robo adviser secret shoppers
European robo advice operators have been severely criticised in a report which found fees obscured as well as “inexplicable” portfolio and performance differences.
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No longer in doubt, UK adviser directory gets go ahead
After concerns that client-facing advisers would be excluded from a financial services directory, the Financial Conduct Authority has confirmed that these roles will be included.
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PEOPLE MOVES: Guardian, Zurich, Lloyd’s of London
Guardian Wealth Management has hired from deVere, Zurich appoints from within to lead acquisition and Lloyd’s historic first female chief announces exit.
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International fight against tax fraud steps up a gear
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team.
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What if a freedoms pensioner had bought a Lambo?
Grey-haired hell-raisers tearing round Britain in Lamborghinis is the abiding image of UK pensions freedoms reforms but what if a pensioner had invested in an Italian sports car in 2015?
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European IFA clients facing ‘perfect storm’
Client inertia over low rates and poor financial planning choices are eating into the continent’s future – a Europe-wide survey has found.
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Advisers join asset manager KID reform push
International advisers have joined European fund managers in a call to reform key information documents for packaged retail and insurance-based investment products – six months into implementation.
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Lesson in the unexpected as UBS pick Germany exits World Cup
International wealth manager UBS has been left red faced after its pick to win the football World Cup crashed out on Wednesday.
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UK regulator threatens drawdown fee caps
The Financial Conduct Authority has warned the pensions industry to clarify its charges or face caps, as part of a bid to drive up engagement and reduce costs for retirees in drawdown.