Stricter suitability requirements to roll out in China
All products that mainland Chinese can invest in will have to meet newly-introduced suitability requirements starting July 1.
How the fee-based model changes asset management
What could the potential fallout be for asset managers when Asia’s regulators eventually replace the commission-based wealth management model with a fee-based one? Ben Cherrington, head of intermediary channels in Asia Pacific at M&G Investments, shares some key changes in the UK, which decided to make the leap to fee-based in 2013.
Best Practice | 19 Jun 17
Regulation to make life ‘harder and harder’ for wealth firms
Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.
Retirement | 19 Jun 17
UK pension investments jump by over third in Q1
New pension investments in the UK were up by more than a third in the first three months of 2017, according to new figures by Equifax Touchstone.
Standard Life and Scottish Widows ‘in merger talks’
Edinburgh life and pension rivals Standard Life and Scottish Widows are reportedly in merger talks, with an agreement potentially following swiftly on the heels of Standard Life’s £11bn deal with Aberdeen Asset Management.