Sipp complaints help push UK compensation to £405m
Customers of failed financial services firms received £405m (€458m, $530m) in compensation from the Financial Services Compensation Scheme (FSCS) in 2017/18, in part driven by a rise in Sipp complaints.
Advisers join asset manager KID reform push
International advisers have joined European fund managers in a call to reform key information documents for packaged retail and insurance-based investment products – six months into implementation.
AILO chief to bow out of ‘dynamic industry’ after 47 years
Alan Morgan-Moodie is to retire as chief executive of the Association of International Life Offices (Ailo), a post he has held since 2010.
Asset managers failing at plain English
Standard Life, Legal & General and Santander are among the high profile firms named in a report that criticises asset managers for using obscure language, long sentences and jargon on their websites.
Lesson in the unexpected as UBS pick Germany exits World Cup
International wealth manager UBS has been left red faced after its pick to win the football World Cup crashed out on Wednesday.