Brooklands opens office in KL Malaysia
Brooklands Pensions, the UK- and Dubai-based pensions administrator, has opened a representative office in Kuala Lumpur, Malaysia, as it looks to expand its presence in Southeast Asia.
Asia
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hong kong favour property to marriage
A new survey of over a thousand people in Hong Kong has revealed that property ownership is the most wanted life goal, rather than marriage.
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hsbc sells pakistan arm
HSBC has agreed to sell its operations in Pakistan comprising 10 branches to the Asian country’s JS Bank Limited for an undisclosed sum.
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the sfc begins criminal proceedings against
The Securities and Futures Commission has begun criminal proceedings against Pacific Sun Advisors and its director Andrew Pieter Mantel.
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DeVere to open in Penang
The deVere Group has opened a new office in Penang, North Malaysia, to give it an additional base in the country.
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labuan in move to be a top intl insurance
Labuan, a group of tiny islands off the coast of Malaysia, this month is pulling the wraps off an ambitious plan to transform the regulation of its insurance industry.
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ifast financial unveils uk pension services
IFast Financial, the Singapore-based investment platform operator, has agreed a deal to introduce a package of retirement products and services for Britons living in Asia, in conjunction with Momentum Pensions of Malta, and UK- and Dubai-based Brooklands Pensions.
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exclusive report singapore industry says
An ad-hoc alliance of about 15,000 financial advisers and managers in Singapore has formed to defend the commission model for remunerating providers of financial services and advice, a Singapore newspaper is reporting exclusively today.
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hk regulator in legal action against big fours
Hong Kongs Securities & Futures Commission has taken legal action against the Hong Kong arm of UK-based Big Four accounting firm Ernst & Young, for failing to produce key accounting records of a mainland company that had sought a stock market listing in Hong Kong three years ago.
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barclays targets uhnw in singapore with
Barclays has set up an Independent Asset Managers team in Singapore to target the ultra high net worth market.
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capital platforms adds brooklands sipp
Capital Platforms, the Singapore-based platform provider recently launched by the original founders of Boston Direct Management, has added the Brooklands SIPP to its suite of products available to its adviser clients.
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regulation severity cuts off ifa choice
Tightening regulation is restricting the investment choice financial advisers in Hong Kong are able to offer their clients and stifling their ability to do business, according to IFAs based in the territory.