European asset managers’ operating profits could decline 17 to 29 per cent because of research unbundling required under Mifid II, analysis by S&P Global has found. Crisil, an S&P company, believes most large European asset managers will absorb research costs, rather than adopting research payment accounts, which it describes as a “strenuous” process. The cost of […]
The FCA has fired a “warning shot” at the platform market after it hit Aviva with an £8.2m fine over failures in client money oversight. The fine, which is the first of its kind, signals further regulatory scrutiny is to follow for platforms outsourcing the administration of custody assets. Experts suggest the case leaves advisers with […]
The rise of Jeremy Corbyn to the helm of the Labour party has reopened the great divide in British politics most thought Tony Blair and David Cameron had consigned to the past. The sacred “middle ground” is beginning to clear, with Labour dramatically lurching to the left and backing state intervention in sectors like energy […]
Royal London commissioned Opinium to run our State of the Protection Nation research to find out how people felt about their own protection needs and the industry as a whole.
- Top trends
News and expert analysis straight to your inboxSign up