Brooks Macdonald Int’l eyes global coverage for UK offerings
IA spoke to the firm about pension decumulation, responsible investing and strategic partnerships
Middle East
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Slide in growth drives UAE reforms
Oil production, non-oil sector and CPI growth revised down as government woos foreign money
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PEOPLE MOVES: Standard Bank, Equiom, Metlife
CEO changes at the South African banking group, as financial services provider names managing director
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Utmost secures Dubai licence
It will allow a new subsidiary to work with banks, brokers and other licensed intermediaries
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Permanent residency in UAE offered to ‘exceptional talents’
Around 6,800 people with total investments of AED100bn will be granted the ‘golden card’
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Bermudian insurer unveils HNW whole life product
It is distributed by insurance brokers to families in the Middle East, but not the US or Canada
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Most expats in Gulf do not seek advice in first two years
Abu Dhabi firm finds clients who spend longer in the region tend to utilise a financial adviser
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Holborn Assets delves into UK real estate investing
To focus on property in north of England as it sees the UK as a ‘very attractive market for investors’
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UAE makes plans for expat retirement benefits fund
Government hopes system will ‘provide employment opportunities for new generations’
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UAE demand for adviser qualifications at record level
CISI also found an 18% rise in membership numbers in the country in 2018-19
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Hansard Global inches closer to Japan licence
But long-term savings provider reports ‘mixed results’ as it repositions its business
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High net worth individuals flock to Asia, Australia and US
Asian duo India and Sri Lanka made up the top five with an increase of 98% and 96%, respectively