Aussie advisers face tougher exams
The newly appointed chair of the Australian Securities and Investments Commission (Asic) used his first public appearance to support calls for finance sector workers to face tougher exams to lift standards.
Best Practice
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Brendan Dolan on the top challenges facing advisers worldwide
Following his first year as sales director of Old Mutual International, Brendan Dolan gives insights into the most pressing issues he has come across as he has travelled across various regions of the world.
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How was the British Steel pension scandal allowed to happen?
A damning report from the UK’s Work and Pensions Committee has blasted the actions of some financial advisers who acted like “vultures”, and who “bamboozled” British Steel Pension Scheme (BSPS) members, raising questions about how this could happen in a post-RDR world?
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Advisers across the globe say qualifications are far too low
Nearly half of the advisers worldwide regard the level of financial qualifications in their region as far too low, with those in Asia far more concerned that any other, according to the results of a poll by International Adviser.
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Beware deadlines for ombudsman complaints
A former Aviva Life Service UK client has lost his bid to be compensated for poor service, following delays in taking out a tax free lump sum from his pension, because he waited too long to make the complaint.
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The Fry Group names MD for big push into new markets
The Fry Group has revealed its new managing director and chairman from 1 April is to be Jeremy Woodley, its long-standing sales and marketing director, who is intent on accelerating plans for further offices across the world.
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7IM launches decumulation service for advisers
Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.
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UK pension complaints to move under one roof
The Pensions Advisory Service’s dispute resolution function is moving to the Pension Ombudsman.
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Cold-calling ban questioned as gov’t plans ‘swifter’ launch
The UK Government is planning to “swiftly” introduce a pension cold-calling ban, but has come up short on setting an exact date, as industry commentators have questioned how effective a ban will be in stopping criminals.
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DBS and Singapore university partner to train wealth managers
DBS Bank and Nanyang Technological University (NTU) Singapore have teamed up in a bid to build a sustainable talent pool of wealth management associates.
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4 factors driving inflation and what it means for investors
Inflation has been conspicuous in its absence since the financial crisis, in spite of the significant stimulus injected into many of the world’s major economies, according to Robert Lea, head of global equity research at Ashburton Investments.
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Landmark inquiry begins into Australia’s financial services
Australia has launched a major public inquiry into alleged misconduct in the banking, superannuation and financial services sector.