12/06/2012

FSA Warns Banks On Bonus Culture

They were also informed that the bonus cuts should go beyond the required evidence of banks clawing back pay awarded to executives and staff involved in mis-selling.

12/05/2012

China Developers Chase Wealthy Locals Abroad

“There are Chinese people who have a lot of money and have soured on China’s real estate market,” said Patrick Chovanec, an associate professor at Tsinghua University’s School of Economics and Management in Beijing.

12/05/2012

Saxo Wealth commits to hand back fund commissions

The move applies to both trail and platform commissions received from funds’ annual management charges, and head of Saxo Wealth Karsten Henriksen said the change was ‘literally offering clients an extra return on their investments’.

12/04/2012

UBS' new adviser pay rewards cross-selling

UBS Wealth Management Americas released its 2013 compensation plan to its financial advisers on Tuesday, announcing changes that will give them incentives to sell a wider range of products and bring in more revenue.

12/04/2012

Mariner Wealth Advisors expands team

Nationally ranked by Barron's as a top independent wealth advisor, Mariner adds 13 wealth management professionals and continues to expand its national footprint