Changes to banking structures and incentives over the past 40 years are to blame for the financial crisis and should be considered in the banking reform, according to the Investment Management Association.
Half of all senior compliance professionals at financial services firms are expecting their compliance costs to rise by 20 per cent under the new 'twin peaks' regime, according to Protiviti.
Research from Legal & General Investments, one of the UK's largest investment providers, has shown that advisers are viewing passive investments far more favourably compared to 2011.
Standard Life has announced further details of its global restructuring following its announcement in June this year on the appointments of Nathan Parnaby as CEO, Asia and Emerging Markets; Paul Matthews as CEO UK and Europe; and Sandy Begbie as Group Operations Officer.
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