PEOPLE MOVES: Principal Global Investors, Crossinvest, Aviva
Asset manager hires Europe CEO, while Asian wealth manager chief executive steps down
Asset manager hires Europe CEO, while Asian wealth manager chief executive steps down
The wealth firm previously rejected an offer which it said ‘undervalued’ the business
FCA says firms will need to change processes where ‘their approach falls short of the standards’
Offering will be available to institutional investors and clients of the company
As it eyes another M&A deal ‘in the coming months’ to tap into an ‘under-advised market’
Judge expressed ‘greatest sympathy’ for investors but dismissed their claim
But memorandum of understanding is yet to be signed
In a bid to ‘expand’ its offering in the UK advice market
It brings in £200m in funds under management
Country facing a ‘scams epidemic’ with around ‘£10bn stolen from retirement pots since 2015’
He was handed a 22-month prison sentence in 2017, suspended for 18 months
FCA urges investors to ‘stay clear of unauthorised operators’