FNZ buys stake in life insurance distribution platform
Deal helps the firm bolster its presence across France and Luxembourg
Industry
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Regulator slammed over British Steel redress calculation issues
FCA faces a potential judicial review if problems are not resolved
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PEOPLE MOVES: M&G, Pictet, GPP
International savings and investment business names CEO, as private bank makes c-suite change in Asia
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Private bank expands DFM offering for UK advisers
It has appointed ex-Abrdn BDM as director of intermediary sales to run the operation
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Fintech firm sets up Asia headquarters in Singapore
To support growing demand for digitalisation of funds industry in the region
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Cost and loss of control worry advisers when outsourcing CIP
Centralised investment propositions could become ‘unmanageable’ for 97% of firms
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Financial adviser training provider sold
Founder will continue to be involved in the business
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Private placement life insurance schemes under investigation in US
Products are allegedly being used by wealthy Americans ‘to avoid and evade taxes’
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Brits hit with £382m bill after breaching lifetime allowance limit
Frozen thresholds mean even more people will have to fork over cash
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Shakira faces tax evasion trial in Spain
International popstar previously refused to settle charges over alleged €14.5m fraud
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Global wealth manager sets up US expat advice operation in Europe
It will offer a range of financial planning and investment services
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Compensation for Meyado UK clients nears £1m
Lifeboat service is still assessing claims against the firm