AILO’s Pain replaces Morgan-Moodie as CEO
Alan Morgan-Moodie retires after 31 years, the last six in the top job
Industry
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European authorities set out Kid reforms under PRIIPs regulation
Comments welcomed on changes to the presentation and content of the Key Information Documents
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Australian investment manager launches active ETF
The fund will look to give retail investors access to the firm’s strategies through an open-ended ASX-listed investment
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PEOPLE MOVES: Quilter, Purple AM, UBS WM, Barclays Wealth
New CFO at Quilter, Fry Group hires asset manager CEO, and UBS Wealth appoints China duo
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Asset manager expects ‘turbulent’ financial sector in 2019
Positives will be overshadowed by concerns of end of bull market, trade wars, Brexit and US economy
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Guernsey becomes centre of UN green finance
The Crown dependency will join other European financial capitals in promoting sustainable finance
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Business Code delay done to help life cos, IoM’s Pickering says
Implementation of commission disclosure pushed back to give firms ‘breathing space’
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US to clarify guidelines for investor-adviser relationship
Many were confused by the different professional figures and the services they provide
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Women in UK get 40% less pension than men
Study finds the pension shortfall is almost double the gender pay gap
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French asset manager refutes tax fraud claims
The firm is under investigation by French financial authorities for tax fraud and money laundering
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Australia to toughen standards for managers of financial advisers
The regulator to require managers to meet the same education levels as financial advisers
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TigerShares launches first exchange-traded fund
Fund will track Nasdaq index representing performance of internet-related firms in China and US