Australia and Canada demand end to UK ‘frozen’ pensions
Regime is leaving thousands of retired British expats under serious financial strain
Asia
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Citi opens wealth management hub in Singapore
It wants to hire over 330 relationship managers by 2025
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Singapore telecoms firm enters robo-advisory market
As it inks an agreement with UOB Asset Management
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Aviva sells off Vietnam life insurance arm
As acquirer signs bancassurance agreement with local bank
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PEOPLE MOVES: Sovereign Group, Amundi, DFSA
Gibraltar-headquartered firm bolsters Middle East operation, as asset manager names UK chief executive
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Aussie government scraps adviser standards and ethics authority
The treasury and financial regulator will take on its functions
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Banking group exits Hong Kong
This includes its asset and wealth management businesses
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Fintech firm and life insurer unveil tool for Malaysia market
Users will receive a customised report that highlights their protection needs
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PEOPLE MOVES: Investec W&I, UBS, Embark Group
Wealth firm hires chief commercial officer, while private bank names president of Swiss unit
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Singapore private banks join forces to offer 200 trainee roles
Initiative will provide a ‘sustainable pipeline of job-ready talent’ to the sector
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Hong Kong bank unveils wealth management offering
Customers with at least HK$8m will be able to access services
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FCA warns expats about switching UK pensions into int’l Sipps
As it received queries relating to ‘charges being paid’ in these transfers