Pension video nasties
Financial advisers acting on behalf of a Dutch insurance firm has found the com-pany had added some spice to its pension information videos.
Financial advisers acting on behalf of a Dutch insurance firm has found the com-pany had added some spice to its pension information videos.
After popping the tape in the VCR and hitting the play button, the topic seemed a little off title with people in various stages of undress doing things to household implements that chefs only dream about. Well, they are known for being liberal in the Netherlands.
The tapes came from a distribution company which had outsourced the duplication to a third party - resulting in 100 of the 500 tapes sent out having the some-what saucy content.
Of course that also means 100 Dutch kitchen fetishists are bound to be upset when they make their next furtive purchases wrapped in a brown paper bag.
A spokesperson for the insurance company described the mix up as "very painful, for them and for our customers."
According to the talking head, company reps were immediately dispatched to fetch back the errant tapes but refused to be drawn on how many agents were prepared to return the tapes.
Recommended for you
The Financial Advice Association Australia has implored advisers to reevaluate their exposure to AML/CTF obligations ahead of new reforms that will expand their compliance requirements significantly.
With UBS Asset Management chief executive, Alison Telfer, set to join Schroders, the firm has appointed a company veteran as her interim successor.
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.

