UAE regulator unveils consultation on proposed changes to client reporting
It includes firms giving a more detailed breakdown of fees and charges
Industry
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UK advice sector set for a ‘wave of consolidation of acquirers’
NextWealth says it is ‘seeing an almost Pacman-like appetite’ for firms
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Five arrested over £8m property investment scheme
This was part of an UK-wide police investigation to tackle fraud
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PEOPLE MOVES: Tenet, Progeny, Nedgroup Investments
Advice network appoints CEO, as financial planning group names UK managing director
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Lombard International eyes tech improvements
As the company reports its second-best year on record for new business premium inflows
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Deutsche Bank creates wealth operation in South Africa
It will offer a range of services including portfolio management and complex structuring
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International trust company opens London office
As the business looks to bolster its onshore solutions offering
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UK watchdogs launch Senior Managers and Certification Regime review
As Treasury also unveils a call for evidence on the regulation
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Financial planning company makes seven internal acquisitions
Deals add £800m in assets under advice
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67% of HNW Brits have been a victim of financial crime
On average, scam victims lost around £9,000
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Is retail investors’ appetite for risk increasing?
Cost-of-living crisis is hampering their ability to invest
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HSBC rolls out AI-powered structured product for PB clients in Asia
It provides global diversification with exposure to 18 assets