Bachmann renamed Ardel after MBO
Bachmann is to be renamed Ardel Holdings following an MBO of the Guernsey-based trust and funds firm
Industry
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RBS appoints new Wealth Division CEO
RBS has appointed Rory Tapner as the new CEO of its Wealth Division.
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Dubai FSA in memorandum of understanding with Portuguese bank supervisor
The Dubai Financial Services Authority has entered into an MoU with Portugal’s banking supervisor.
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SFC creates new investment committee
Hong Kongs SFC has established a Products Advisory Committee.
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SFC approves first RMB-denominated fund for sale
The SFC has approved the first RMB-denominated fund for sale to retail investors in Hong Kong.
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Hong Kong firms’ AUM nearly doubles in 2009
The asset management business in Hong Kong nearly doubled over the course of 2009.
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Planning for care costs
Scottish Widows Sandra Hogg looks at changes ahead in the provision and payment of long term care.
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India may relax rules to allow foreign retail investment in stock markets
India may loosen its rules to allow foreign individual investors to invest in its stock markets.
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QROPS experts urge IFA caution as Australia changes tax regime
Australia has abolished its Foreign Investment Fund regime, making QROPs advice trickier for IFAs
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Crown dependencies hopeful dead reciprocal health agreements will be revived by year-end
Reciprocal health agreements between the UK and its three crown dependencies may be reinstated.
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Macquarie wrap adds Axa offshore bonds
Maquarie has added two Axa Isle of Man offshore bonds to its wrap platform.
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India fixed income fund launched into UK by ACPI
ACPI is to launch the Q-ACPI India Fixed Income Fund into Europe in the middle of this month.