All articles by Verdict Staff
Verdict Staff
Written retirement income plans key to advisors client relationships: Survey
Americans working with a financial advisor are twice as happy and confident in their retirement income plans than those without, according to findings from the 2013 Franklin Templeton Retirement Income Strategies and Expectations (RISE) survey.
Amundi appoints new retail distribution head for UK
Frances Amundi Asset Management has appointed Jerry Devlin as the head of UK distribution team.
The importance of culture in rebuilding trust
Popular consensus suggests that trust in the financial sector is absolutely essential for society. Yet we seem to have reached a low tide mark, when the conduct of organisations is under scrutiny. From the LIBOR scandal, rogue trading and tax transparency, the attention being paid to organisations’ integrity and that of individuals acting in their name, has arguably never been greater.
AGF Management posts loss in Q2 on higher income tax
AGF Management, a Canada-based fund manager, has reported a net loss from continuing operations of C$10.4 million (US$9.96 million) for the second quarter ended 31 May 2013, compared to a net income of C$16.8 million (US$16.09 million) for the same period of 2012.
HSBC, Citigroup get approval to sell domestic mutual funds in China
HSBC and Citigroup have received approval from China’s securities regulator to sell domestic mutual funds in the country, expanding their scope of financial services in the local market.
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Intermediaries more confident about the UK: Baring Asset Management
Intermediaries are becoming less fearful of the effects of inflation, and more favourable towards the UKs economic outlook, according to the latest Baring Asset Management Investment Barometer.
AFH Financial forms new legal division
AFH Financial Group, an independent financial advisory and discretionary wealth management firm, has launched a new legal division called AFH Legal.
Jupiter AM hires new sales head for Germany, Austria and Switzerland
Jupiter Asset Management has appointed Andrej Brodnik as new sales manager to head its sales operations in Germany, Austria and Switzerland.
Trust in UK banks will take at least five years to restore: CISI survey
Of more than 750 respondents to the online survey conducted by CISI, 86% feel that it will be at least five years until banks win the confidence of the country.
Lebanese Canadian Bank to pay US $102 million to settle laundering suit in US
Lebanese Canadian Bank has agreed to pay US$102 million to settle a US government civil lawsuit accusing it of laundering hundreds of millions of dollars of illicit funds linked to militant group Hezbollah through American banks.