Decapitating stroke for UAE third party administrators
Role of TPAs in health insurance market to be eliminated after capitation schemes deemed unlawful
Middle East
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What will DIFC’s data protection changes mean for advisers?
There will be fines for serious breaches and maximum penalty limits have been increased
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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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59% of UAE advice firms struggle to recruit
But advisers made redundant by covid-19 may need to upskill to attract job offers
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Newly-merged $1bn expat advice firm on verge of M&A deal
Company plans to list on ‘junior market’ and finalise DIFC application
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PEOPLE MOVES: Guardian Wealth, Franklin Templeton, James Hay
Wealth manager hires Woodbrook Group’s former COO, as investment giant names executive vice president
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Lockdown could trigger exodus of expats from UAE
Up to 10% may leave the region, but what does this mean for financial advice?
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Deutsche Bank to create international private bank
It will have around €250bn in assets under management and a combined revenue of approximately €3bn
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Investcorp founder dies
He was known as the ‘father of private equity’ in the Gulf region
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Tata Asset Management sets up in Dubai financial centre
Strong trade relations between UAE and India one of the reasons it is ‘the right fit’
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UAE wealth manager unveils international investment account
Firm says it is suitable for expats and clients will not face ‘any exit charges’
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Big time advice market consolidation in the offing
Covid-induced slowdown, regulations and disruptive technology sound death-knell for small players