Dodgy transfers still out there warns FCA
The UK’s Financial Conduct Authority has issued a fresh warning on pension transfers following “increased interest”.
Industry
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Nigel Green reveals plan to target a different type of adviser
DeVere Group founder and chief executive Nigel Green is looking to recruit a different type of adviser, he said in the first of a three-part interview with International Adviser.
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Listed property funds can beat the real thing, says Blackrock
Listed real estate funds offer investors some added advantages over the physical market, says James Wilkinson, BlackRock’s co-global chief investment officer for property funds.
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Offshore legal adviser expands into China
Offshore law firm Harneys has added a fourth Asian outpost after opening a fully operational office in Shanghai.
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Three key areas for advisers primed for the future
Attitude to innovation, the shape of the workforce tomorrow and the evolution of work culture are three areas spotlighted by PwC’s Rob Churcher in the final of a three-part series looking at technology trends.
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Advisory firm launches ‘aggressive’ African growth strategy
Sanlam Private Wealth (SPW), is adopting an “aggressive growth strategy” according to Africa managing director Shane Tremeer.
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Four guilty of misleading investors in £1.4m scandal
Four people guilty of misleading vulnerable people into buying £1.4m of worthless shares are set to be sentenced this month following an investigation by the Financial Conduct Authority (FCA).
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Key challenges facing the expat healthcare market
As globalisation continues to progress due to the greater openness of economies and technological advancements, businesses are crossing borders to the point where they have as many operations and employees overseas as their country of origin, says Sheldon Kenton, managing director of Bupa Global.
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PEOPLE MOVES: NAB, M&G and Vam Funds
Structural changes at NAB means the company’s general manager of wealth advice is leaving the company, Vam Funds has appointed a new director well known in the US mutual funds industry and M&G has made two internal fund manager appointments.
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EU considers removing Ireland’s tax veto powers
With Luxembourg, Malta and Ireland continuing to block ambitious EU plans to reduce tax dodging, the European Commission is now considering triggering a neglected treaty article that would allow them to suspend veto powers on tax matters.
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Life insurer fined €1m for laundering failures
The Irish insurance regulator has fined Italian life insurer Intesa Sanpaolo €1m ($1.1m, £884,459) for anti-money laundering and terrorist financing compliance failures.
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Insurers warned on EU ‘no deal’ scenario
Insurers should not rely on leniency from local regulators if the UK crashes out the EU without a trade deal.