The Australian corporate regulator has decided to prosecute a financial advisory business for alleged breaches of a new law which requires firms to ensure their advisers put the interests of clients first.
More than a quarter of UK financial advisers are working longer hours, charging an average hourly rate of £157 ($226, €199), according to research from British insurer Prudential.
Craig Featherby’s start-up, Carrick Wealth, has hit the ground running, benefiting from South Africa’s burgeoning offshore funds market. He shares his inside view on the country’s current economic troubles.
“Dave, this conversation can serve no purpose anymore. Goodbye.” Those immortal words from Hal, the computer in Stanley Kubrick’s film ‘2001: A Space Odyssey’ had massive ramifications for the spaceship’s crew member and could be a portend (albeit fictional) for the way robo-advice may be taking us.
Independent financial advisers in Hong Kong have spent much of May coming to terms with further substantial changes to the region’s previously light touch regulatory regime.
Europe is at the forefront of a longevity revolution that will be one of the most disruptive trends in wealth management over the coming years, says Bryan Low, director, Acuity Consultants.
The growth in financial advisers choosing to outsource investment services to discretionary fund managers increasingly begs the question ‘what are they actually charging for?’
Some form of state-provided consumer protection covering financial products is needed to overcome the “advice gap” in the UK, says Simon Willoughby, head of Proposition for Axa Wealth International.
New York has been named as the destination of choice for young financial advisers looking to start their careers, according to a poll of its own graduates by the deVere Group.
The continued prevalence of star fund manager culture within the asset management industry has been called into question in a new report by fund data provider FE.
International Adviser is pleased to announce that our series of global Best Practice Adviser Awards, in partnership with Old Mutual International, are now open to entries.
In the first of a series of three articles, Michelle Hoskin, founder and director of Standards International, will be exploring eight principles that promise to help financial advisers redesign their businesses so that it delivers the rewards they deserve.
