8.2% drop in new business for Hansard
Decline attributed to ‘extended summer breaks’ and easing of global travel
News
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MAS proposes regulatory shake-up for retail investors
To help them understand ‘the unique characteristics and risks associated with more complex products’
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UK delays changes to KID regime
Trade association says it is encouraging the ‘FCA has listened to industry concerns’ to ‘get it right’
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Quilter to restructure business divisions
As it creates two segments focussing on HNW and affluent clients
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MetLife unveils financial adviser platform in Australia
To help the industry which has ‘undergone an incredibly tumultuous couple of years’
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What does the future hold for Australian advice market?
‘Still a lot of B-grade advisers who don’t have the education, intelligence, experience or wit’
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Praemium bats back A$785m bid for its Australian business
But platform says it is ‘open to engagement at an appropriate valuation’
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PEOPLE MOVES: HSBC AM, M&G, Julius Baer
Asset manager names APAC and Hong Kong CEO, while UK firm hires first CIO
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Google gives FCA extra $2m ad credit in fight against scams
As tech giant says it took down 123 million adverts in 2020 for violating financial services policies
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Pictet forms strategic alliance with Thailand bank
In a bid to improve wealth management services in the country
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Dubai regulator fines former financial services firm director
He has appealed the decision and the case will go to a tribunal
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7 UK firms join forces to promote benefits of digital advice
As more than 6 million Brits say they prefer a technology-enabled service