Vanguard finds advisers split on robo-advice
Two-fifths of UK wealth managers believe robo-advice offers the potential for greater efficiency and to attract new clients in the next five years, according to a survey from Vanguard.
Joseph Kwok to depart PIAS
Joseph Kwok will step down from his role as deputy general manager of Singapore-based Aviva subsidiary Professional Investment Advisory Service (PIAS), effective from 25 November.
Sanlam and Santam buy stake in Morocco-based Saham
Sanlam and its short term insurance subsidiary Santam are set to enter new markets having reached an agreement to acquire a 30% stake in Morocco-based Saham Finances, which operates in 26 countries predominantly across Africa and with a presence in the Middle East.
Retirement | 24 Nov 15
Call for pension transfer warning to stem ‘growing problem’
Insistent clients seeking pension freedoms under the UK’s new rules are creating a conflict of interest for financial advisers in relation to transfers of defined benefit pension schemes, according to the UK’s Personal Finance Society.
People Moves | 24 Nov 15
JP Morgan Asset Management hires PIMCO exec
Mark Richards has joined JP Morgan Asset Management (JPMAM) as a strategist in the global multi-asset solutions group.