Equitable Life joins £24bn consolidator’s stable
Policyholders could be set for a windfall after the world’s oldest mutual assurer, The Equitable Life Assurance Society, is sold to Life Company Consolidation Group (LCCG).
Author: Will Grahame-Clarke
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CISI launches first Africa office
The Chartered Institute for Securities & Investment (Cisi) has opened its first African office in Nairobi, Kenya.
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UAE overhauls visa rules for residents and visitors
The UAE government has announced changes to its visa requirements which should make life easier for expats.
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UK compensation scheme names 8 failed firms
Clients of eight failed advice firms can get their money back after the UK compensation scheme added them to its list of firms in default.
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Wealthy women take the lead on financial planning
Women are increasingly the household decision-makers in financial affairs, according to a global survey.
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PEOPLE MOVES: The Fry Group, LGIM, Pictet Wealth
The Fry Group appoints from Old Mutual for Singapore chief, Legal & General Investment Management recruits from Standard Aberdeen in Asia and Pictet Wealth’s chief exits.
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‘Dubai leak’ exposes $110m dirty money trail
Dubai’s property market is being abused by money launderers, according to a campaign group which has published a report based on leaked documents.
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IDD will make inducement rules ‘worse’ – Fecif
A European-wide adviser survey shows how the next wave of red tape in Europe will match Mifid II in its impact.
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Abramovich delay is ‘new reality’ for Tier 1 visas
Chelsea football club owner and multi-billionaire Russian oil tycoon Roman Abramovich’s visa saga is typical of a tougher stance from UK immigration toward even the wealthiest applicants, says law firm Irwin Mitchell.
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Almost half of wealthy Britons eyeing expat status
Tax is a top concern for the UK rich with two in five saying they would emigrate in the wake of significant tax increases.
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PEOPLE MOVES: Ashburton, Brewin Dolphin, Sanlam
Ex-UBS man to lead Ashbuton’s international business, Brewin Dolphin hires from gold dealer to lead new London office and Sanlam recruits from Jupiter for UK regional sales role.
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Adviser cracks during interrogation with regulator
A financial adviser who forged qualification documents has been banned after he cracked during a “compelled interview”.