All articles by Verdict Staff
Verdict Staff
Record numbers of Britons using property to fund their retirement: Baring study
Nearly 5% of non-retired people in UK- the equivalent of around 2 million people -are planning on selling their primary residence to fund their retirement, according to the latest consumer research by Baring Asset Management.
Hong Kongs SFC fines China Securities $1.3 million
The Securities and Futures Commission (SFC) of Hong Kong has issued a reprimand to China Securities; fined it $1.3 million and banned its responsible officer, Stephanie Liu Suk Wai, for a period of 27 months effective from 15 August 2013 to 14 November 2015.
EY appoints senior manager in the Channel Islands
Advisory services provider EY has appointed Lutz Fernholz as senior manager in the Channel Islands, according to BusinessLife.
AMP names new chief executive
Australian based Wealth management firm AMP, has named Craig Meller as its new CEO and managing director, effective 1 January 2014.
Standard Chartered Bank (China) launches Universal Adaptor
Standard Chartered Bank (China) has recently launched “Universal Adaptor” – an innovative online tool that allows the Bank’s corporate clients to define their own file templates or use pre-defined ones, and send transaction messages to the Bank through Straight2Bank Access (host-to-host) and Straight2Bank Web channels.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
SEC charges two former JPMorgan traders of fraudulent practices
The SEC has charged two former traders at JPMorgan Chase & Co with fraudulently overvaluing investments in order to hide massive losses in a portfolio they managed.
AAM Advisory launches new unit for LGBT community in Singapore
Singapore-based AAM Advisory has partnered with LGBT Wealth to launch a new unit for the lesbian, gay, bisexual and transgender (LGBT) community in Singapore, according to International Adviser.
Kinetic helps Piquant Technologies to become first UK hedge fund authorised according to AIFMD
Kinetic Partners has supported Piquant Technologies, a new UK-based quantitative fund manager, to become the first hedge fund authorised according to the Alternative Investment Fund Management Directive (AIFMD).
Number of UK investment advisers rises depite fears over RDR
The number of investment advisers working in the UK has experienced a surprising bounce after the introduction of the retail distribution review (RDR), a report commissioned by the Financial Conduct Authority has shown. The survey by RS consulting, commissioned by the FCA’s predecessor the Financial Services Authority, showed the total number of advisers had grown from 31,000 in December 2012 to just over 32,000 in April 2013, a 5% rise.
Only half of investors trust investment firms to do what is right: study
Investors worldwide have little trust in the investment profession and believe there is much that can be done to restore trust, according to the CFA Institute/Edelman Investor Trust Study which polled 2,104 retail and institutional investors.