Aberdeen’s move to Singapore in 1992 was questioned by other industry players at the time, but Hugh Young’s long-term strategy is paying off. The jurisdiction has opened up considerably and business is better than he ever expected.
Principal Global Investors has named Gaurav Kumar as head of funds distribution for the Middle East.
The former head of Guernsey-based Generali International, Peter Hobbs, has joined the deVere Group as a non-executive board director.
Hansard Europe has agreed a settlement of 1.5m on an underlying claim of approximately 5.5m involving policyholders in Norway, just one week before the Dublin-based company officially closes to new business.
Nikko Asset Management has appointed Ross Long as its chief legal officer in a global brief which cover plans for a future IPO of the business.
Trireme Pensions Services (Malta) has received HM Revenue & Customs recognition for two QROPS products, adding to the growing profile of this jurisdiction in the international pensions marketplace.
The Hong Kong Monetary Authority has suspended a former HSBC adviser for three years over misselling an investment linked insurance scheme (ILAS).
Isle of Man-based Boal & Co has launched its first Gibraltar QROPS after "extensive research" to give advisers multi-jurisdictional choice for their clients.
Since the RDR, portfolio planning has become much more bespoke, and Mark Hayhoe from Aegon Ireland says offering an alternative approach to tax-efficient investing can really cut a dash.
The European Commission has today proposed extending the automatic exchange of information between member states, claiming that the new requirements will go further than FATCA in tackling tax evasion.
Coral Student Portfolio has partnered with overseas family office firm Capital Values Group to make a $60m phased investment to a $200m fund.
Yields on traditional asset classes are “incredibly low” giving the ageing population in Europe a huge challenge in retirement, according to a new report from BlackRock.
