PEOPLE MOVES: BNP Paribas WM, Axa, Merian Global Investors
French bank makes c-suite changes in its Asia wealth arm, while insurance firm shakes up Singapore operation
French bank makes c-suite changes in its Asia wealth arm, while insurance firm shakes up Singapore operation
To encourage conversation within the financial services sector and end the stigma
IFAs shunned as more opt for online research and financial press to get advice
Website claimed to compare best deals and to be able to ‘increase pension by 40%’
It has attracted more than £1bn of assets under management since launch four months ago
With AJ Bell submitting a policy paper to the UK chancellor to simplify the product
It aims to boost independent advice and expand in the capital
As joint special administrators work alongside UK lifeboat scheme to distribute assets
FOS received 798 complaints and upheld 39% of cases in favour of clients in 2018/19
Regulation has had ‘significant effects on client satisfaction and retention’
Financial advisers have a ‘duty’ to analyse all asset classes when building client portfolios
As they may be eligible for compensation and get part of their investments back