All articles by Verdict Staff

Verdict Staff

Advisor numbers on the decline: Cerulli Associates research

Even though the number of retirees in the US is rising, the number of advisors on the whole is on a decline and the trend is set to continue through 2016, according to research by Cerulli Associates.

Lloyds chairman to make an early exit: reports

Lloyds Banking Group chairman, Win Bischoff, is retiring early, according to reports by the Financial Times.

SEB Life launches asset management bond for Malta

SEB Life International has launched an asset management bond for the Maltese market, reports International Adviser.

First on-line leasing in Poland

Millennium Leasing is launching a unique solution on the market – leasing of cars and trucks based on Promise of Reservation valid for 60 days. The credit decision and booking are made on-line, without the need to indicate a specific leased asset.

Aberdeen Asset Management to launch global branding campaign

Aberdeen Asset Management has said that it will embark on its first ever global brand advertising campaign in 30 years on May 20.

HMRC launches fresh tax crackdown

UK’s tax authority HM Revenue & Customs (HMRC) has confirmed that it is working with the US and Australian tax administrations on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.

FINRA, SEC issue investor alert

The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) today issued an investor alert entitled Pension or Settlement Income Streams—What You Need to Know Before Buying or Selling Them.

BBVA Research: it is essential to make the most of the reduced financial tensions on the capital markets to bolster the reforms that Spain needs”

The Spanish economy will decline by 1.4% in 2013 and start a ”process of moderate growth” in 2014, reaching 0.9%, according to the latest Spain Economic Outlook report by BBVA Research. The BBVA research service has revised downward its forecasts for 2013, with a GDP decline similar to 2012, but with a very different dynamic over time.

Former AXA executive launches new consultancy firm

AXA Wealth International’s former sales and marketing director, Richard Leeson, has launched D&W Management Consulting Ltd, a new consultancy firm targeting post-RDR world.

UBS appoints new head for UHNW Global Emerging Markets

UBS has appointed Caroline Kuhnert as the new head UHNW Global Emerging Markets (GEM), effective 1 June 2013.