Best Practice | 29 Jun 17
Life assurance and the digital fightback
Life assurers are having to make big strides to catch up with advisers and mass market retail providers when it comes to digital innovation to meet growing expectations from high net worth individuals (HNWI), according to Lombard International Assurance’s Aidan McClean.
Former adviser jailed for 4 years for defrauding ex-Spurs star
A former financial adviser has been sentenced to four years in prison after being found guilty of a multi-million dollar fraud case involving retired San Antonio Spurs basketball player Tim Duncan.
Investment | 29 Jun 17
Nucleus slashes platform fee for wealthy clients
Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.
Naming and shaming better than fines says Singapore regulator
Singapore’s decision not to impose the same hefty fines on banks linked to 1MDB as other countries, but to instead name and punish individuals responsible, is a strong deterrent, said Ravi Menon, managing director of the city-state’s financial regulator.
Investment | 29 Jun 17
DeVere Group ventures into model portfolios with Pacific AM
International advisory firm deVere Group has launched a model portfolio service (MPS) in association with Pacific Asset Management.