MAS
Retirement | 28 Jun 18
UK regulator threatens drawdown fee caps
The Financial Conduct Authority has warned the pensions industry to clarify its charges or face caps, as part of a bid to drive up engagement and reduce costs for retirees in drawdown.
Dimensional in aggressive Asia fund push
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore (MAS) for nine funds to be sold in the Lion City, according to records from the regulator.
Six Singapore advisers banned for mis-selling
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.
Ex-Credit Suisse banker banned for hiding beneficial owners
The Monetary Authority of Singapore (Mas) has banned a former Credit Suisse banker for deliberately concealing the identity of the true beneficial owners of three bank accounts.
PEOPLE MOVES: Tilney, Aviva, Brewin Dolphin
Tilney appoints a former Schroders chief financial officer to its board of directors, Aviva hires a head of global financial institutions and Brewin Dolphin makes several key changes to its Cardiff team.