For once we can give wholehearted applause to the British Prime Minister - if he stays the course. As reported elsewhere, it is regrettable that the ABI and the NAPF - these guardians of the investor's best interest - have already put the spanner into these proposals. One should not forget that these organisations are deeply conflicted and their own governance needs to be put under closer scrutiny. Have they ever bothered to find out the opinions of their ultimate paymasters - the people who are insured or whose money they manage?
(08/01/2012)
During a speech yesterday at the New York City Bar Association, Brian Daly,
Director of the SEC’s Division of Investment Management, shared his
thoughts on...
2 days ago
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