£325m class action launched against international life insurers
Investors involved are reportedly mainly retirees or near pension age
FPI
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IFGL completes acquisition of Sovereign Pension Services
RL360 and Friends Provident International parent company says there is a gap in the Sipp market
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Globaleye names managing director of APAC
He was previously at AAM Advisory and Friends Provident International
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UAE investors won’t sacrifice savings to reduce spending
Just 3% rank contributions to their nest eggs as the top priority area to cut costs
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Friends Provident International appoints Singapore CEO
Current chief executive will stay at the life insurer as general manager
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45% of UAE residents have not started saving for retirement
‘Strong disconnect’ between aspirations of investors and reality of costs in later life
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UAE central bank insurers hit with advice liability notices
FPI says it is in talks with regulator ‘to understand the implications for both providers and advisers’
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PEOPLE MOVES: Julius Baer, GSB Capital, Bank Syz
Private bank names group head of Middle East & Africa, while Dubai wealth firm hires FPI veteran
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PEOPLE MOVES: FPI, Manulife, GSB Capital
Life insurer names CEO of Singapore branch, as financial services provider makes c-suite change in Asia
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FPI unveils ESG fund range
Clients will be able to ‘invest with both their head and their heart’
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PEOPLE MOVES: IW&I, AJ Bell, Friends Provident International
UK wealth firm names CIO, while investment platform appoints deputy chief executive
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Most UAE workers financially unprepared for critical illness
Just over a quarter would not be able to support themselves for a month