As people live longer than ever before and traditional sources of income fail to yield enough for lengthy retirement periods, choosing the correct income source is becoming essential.
The Big Question: Are ETFs and tracker funds becoming a bigger threat to active management?
UBS Global Asset Management has launched a US equity tracker with an ongoing charge figure (OCF) of 9bps to compete with established product providers.
Investec Wealth and Investment has hired three members of UBS Wealth Management's senior team as it expands its London office.
UBS is formally reducing securities lending on its ETF funds to 50%, following in the footsteps of ETF giant iShares.
The Financial Conduct Authority has banned a former UBS trader from regulated financial services due to failings associated with rogue trader Kweku Adoboli.
UBS Wealth Management's research team is finding better value opportunities in Europe than in emerging markets, pointing to the latter's political instability and lack of earnings momentum.