Issues surrounding increased charges and retrocession fees are beginning to call into question the relationship between Europe’s distributors and manufacturers

Strict income tax policies in Europe are impeding wealth accumulation
Spain led the rest of Europe in wealth creation during 2003, with the number of high net worth individuals (HNWIs) growing 18 per cent, according to data from the latest Capgemini/Merril Lynch World Wealth report. The Czech Republic, with 12 per cent, the UK with 8 per cent and Russia, with 5.4 per cent, were also above the European average.

German fund provider invests in US-designed business integration system

A massive sell-off in shares of Russia’s embattled oil company, Yukos, has brought instability to the market, but bankruptcy is still not an option

Bella Caridade-Ferreira of FERI FMI explains why everybody wants to do business in Germany

Fines paid, investors compensated, staff changed. Now for the hard work of rewinning distributors’ confidence. Yuri Bender talks to the new broom at Janus