Tax & Regulation | 24 Nov 14
FCA review of in house funds reveals
An FCA review of the use of in-house investment products by wealth management and private banking firms, while largely positive, has revealed some weaknesses in client communication.
Aviva in talks to buy Friends Life
Aviva is in talks to buy Friends Life in a deal which would make the combined group one of the largest savings and investment groups in the UK.
Tax & Regulation | 21 Nov 14
Australias RDR reversal reversed
The Australian Senate has voted to disallow amendments which had loosened laws governing the financial advice process.
RBS fined 56m over IT failures
Regulators in the UK have fined Royal Bank of Scotland £56m for IT failures which meant customers of three of the groups banks were unable to access banking services.
OMGI signs Lat Am distribution deal
Old Mutual Global Investors has entered into a distribution agreement with Uruguay headquartered Aiva, broadening its sales capability in the US offshore and Latin American markets.