Clean funds ‘more expensive’ in two-thirds of cases
Two-thirds of clean share classes are more expensive than their bundled equivalents, according to research by consultancy firm Adviser Asset.
Billingham: advisers want the RDR in Jo'burg, Bangkok and Delhi
Financial advisers and regulators around the world are looking to the UK's Retail Distribution Review (RDR) as the model to follow for good practice, according to Phil Billingham.
How to pick a DFM for the long term
David Cartwright, head of insight at Defaqto, highlights the key considerations when selecting a discretionary management partner for your firm.
Glitch hits 12,000 L&G annuity customers
About 12,000 pensioners who hold annuities with Legal & General (L&G) have been left without their regular payouts after a technical blunder.
Mike Tyson sues adviser for $5m
Former world heavyweight boxing champion Mike Tyson is suing his financial adviser for allegedly embezzling more than $300,000 from him.
