Woodford scandal pushed advisers to act over liquidity
As 69% call on FCA to impose stronger investor protections where illiquid assets are held in funds
AIC
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Trade body says ‘enough is enough’ on lack of KID reform
Documents ‘overstate potential performance and understate risks’ which can mislead investors
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PEOPLE MOVES: HSBC, Schroders, Sanlam Wealth
Bank names CIO for Europe and Mena, while asset management giant hires chair
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PEOPLE MOVES: Royal London AM, AHR Private Wealth, Tilney S&W
Asset manager names CEO, while international advice firm makes triple hire
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Should investment trusts become the norm for IFAs?
Financial advisers have a ‘duty’ to analyse all asset classes when building client portfolios
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Advice firms interpret cost disclosure rules ‘inconsistently’
The UK’s financial watchdog has reviewed wealth managers’ performance on disclosure requirements
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How to target age-based investment offerings
With differing values and priorities, financial advisers need to keep up with changing needs
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Accessing retail clients is a worry for UK firms post Brexit
Pimfa chief admits ‘the critical point for us is we want time’ after Brexit inquiry opens
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EU orders two-year delay on KID rules for Ucits funds
‘Investors now face being misled by Kids for years to come’ warns AIC chief executive
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UK regulator must see danger in the Priip Kid
The Association for Investment Companies (AIC) has added its voice to the criticism of the key information document (Kid) required under the retail investment and insurance products (Priip) regulations following a call for feedback by the UK’s Financial Conduct Authority (FCA).
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PEOPLE MOVES: Guernsey Finance, AIC, Aviva
Guernsey Finance has hired a London representative to promote the island’s financial services industry, the Association of Investment Companies appoints a board director and Aviva Investors poaches from Standard Life.
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PEOPLE MOVES: Julius Baer, Deutsche Bank and MMI
Julius Baer appoints a managing director from Barclays, MMI makes significant changes to its leadership team and Deutsche Bank hires a head of UK client advisers.