PEOPLE MOVES: Close Brothers, Deutsche Bank WM, Phoenix Group
Asset manager names CEO, while wealth firm hires south east Asia head
Asia
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Australian wealth firms set to merge
Combined business will have total funds under management of around A$2.5bn
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AIA gets green light to set up life subsidiary in China
Firm wants to expand its presence in the country with additional branches
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RL360 launches Sipp with M&A-hungry pension firm
It will be open to both UK and non-UK residents
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PEOPLE MOVES: Hinduja Bank, Capital Group, Schroders
Swiss private bank names CEO, while investment firm hires global head of ESG
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Strabens Hall has exited Hong Kong
To focus on the UK and the firm’s newly opened office in France
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Avendus Wealth Management in double senior hire
Firm names chief operating officer and head of family office division
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BNP Paribas to exit onshore wealth management in India
$14.5bn AUM French bank said it remains committed to the Asian market
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Relief for Aussie advisers as exam deadline finally extended
The bill was rejected twice but passed at third sitting
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Will UK wealth raid throw existing IHT plans up in the air?
‘Huge implications’ if changes made to domicile, seven-year gifting rule and taper relief
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Uncertainty looms over Aussie advisers exam extension
Senate deadlock could mean bill is unlikely to pass parliament
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PEOPLE MOVES: Vontobel, Brewin Dolphin, Raffles FO
Swiss firm replaces CFO, while wealth manager nabs investment director from Cazenove