Two-thirds taking cash from pensions did not seek advice
Two-thirds of recent UK retirees who took cash from their pension pots during their first year of retirement did so without seeking any professional advice.
Best Practice
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Australia’s Westpac to remove sales incentives for staff
One of Australia’s big four banks, Westpac Banking Corp, has announced plans to remove all product related incentives from frontline staff in its retail branches as part of efforts to rebuild trust with its customers.
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Europe remains the ‘wild west’ for adviser qualifications
Clients receiving poor advice from inadequately qualified financial advisers has made some parts of Europe like working in the ‘wild west’, according to Andrea Speed, head of Spanish IFA firm Speed Financial Solutions.
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International Adviser Best Practice Adviser Awards 2016 results – Europe
The winners in International Adviser’s inaugural Best Practice Adviser Awards 2016 for the Europe region were announced on Wednesday afternoon at London’s Waldorf Hilton Hotel, held directly after our Future Advisory Forum Europe.
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Advisers losing out due to customer experience not price
Advisers are losing business because they are failing to provide clients with a good customer experience, not because other companies are beating them on price, according to Rod Bryson, principal – wealth, long-term savings and insurance at Capgemini Consulting.
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Hong Kong adviser aims to triple client base within a year
Chief executive Phil Neilson talks about starting Just Service HK from scratch, the future of fintech and ambitions to triple his client base from 500 to 1,500 over the next 12 months.
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Fecif launches EU regulatory database for advisers
Advisers across Europe will be able to stay ahead of regulatory and legislative changes following the launch of a database and documents library by the European Federation of Financial Intermediaries and Financial Advisers (Fecif).
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IA Tech Roundup: Stop talking in future tense
Much has been written about the disruptive impact technology has and is liable to continue to have on the financial services sector but the point, however, is to take some action.
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Industry changing rules on UAE funds get official green light
New mutual fund charges and regulations that could have a dramatic effect on the number of funds offered on international platforms and within life insurance wrappers have become law in the United Arab Emirates.
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The world will ban commission within five years, says JPMAM
Regulation is moving at such a fast pace that within five years all financial services markets around the world will ban commission and implement an RDR-like regime, Jasper Berens, head of UK funds at JPM Asset Management has predicted.
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International Adviser Life Awards 2016 results
The International Adviser International Life Awards 2016 were announced on Wednesday at London’s The Langham Hotel during a dinner held after our flagship life industry conference, the Fund Links Forum.
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UK may force insurers to pay for pensions dashboard
A UK Treasury official has said the government is looking at introducing a law that would force pension providers to pay towards creating the pensions dashboard.