Asset managers look set to endure a wave of new regulatory pressures when the current economic crisis subsides, according to economists and regulatory experts – but the sector is unlikely to be the cause of any impending financial crisis, amid growing concerns about fragilities in the pensions industry.
The 2008 Global Financial Crisis was primarily the result of failings in the regulation of the investment banking industry. It has since led to banks being forced to carry out regular stress-testing,...
Expected by Q2 2021
Rolls-Royce to cut 9,000 jobs
Data live from December
'No stone will be left unturned by regulators'
Scams prevention given weight
Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020