No danger DFMs want to steal advisers’ clients
IFAs ‘absolutely in the driving seat’ when it comes to relationship with discretionary fund managers
Latest news
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US regulator fines 12 firms for regulatory breaches
It has now charged 42 companies for failing to meet client reporting obligations
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What do advisers want from the FCA consumer duty reform?
Industry supportive of move but implementation timeline is ‘challenging’
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M&G buys investment manager to enter MPS space
It plans to cut acquired firm’s fees to 0.15%
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Fidelity launches post-retirement investment fund
It aims to achieve a stable overall return higher than Hong Kong inflation
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‘Creaking’ power of attorney system needs ‘urgent improvement’
As very few Brits understand how it actually works
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FCA slammed over handling of mini-bond compensation
Including criticism of its complaints scheme under which redress ‘will never be available’
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PEOPLE MOVES: Wealth Wizards, Sanlam UK, JO Hambro
Digital advice company makes c-suite changes, as CEO departs from wealth firm
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BNP Paribas set to sell Spanish private banking arm for €100m
It is understood the French giant will retain 20% stake in the business
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British Steel advice firm stopped from disposing of assets
Regulator says company ‘appears to have paid dividends’ rather than retaining funds for potential redress
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Insurance giant expands Europe presence with €207m acquisition
In a bid to ‘elevate its position in the attractive’ market
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AIG Life drops restrictions for HIV+ clients
‘Treatments now available have significantly improved both mortality and quality of life’