Globaleye’s managing director has departed with immediate effect, as St James’s Place is to lose its chief executive of 11 years at the end of 2017. Indosuez Wealth Management has bolstered its Midde East team with two appointments.
Recruiting more diverse IFAs is key to tapping new markets and growing business, but attracting fresh blood into the industry remains a challenge, industry experts have said.
“Dave, this conversation can serve no purpose anymore. Goodbye.” Those immortal words from Hal, the computer in Stanley Kubrick’s film ‘2001: A Space Odyssey’ had massive ramifications for the spaceship’s crew member and could be a portend (albeit fictional) for the way robo-advice may be taking us.
Deadlines to implement business changes thanks to new regulations are coming thick and fast. So how are international life companies and global intermediaries changing their business models as a result?
Despite an exodus of life companies and increasing oversight, Globaleye’s Byron Murphy says Singapore, in offering high-quality advice, remains a honeypot for IFAs.
As International Adviser celebrates its 10th anniversary, we have invited leading lights from across the financial services industry to offer their visions of how the next decade will pan out. In part one, we start with the chief executives and chairmen of key independent financial advisers, ranging from Globaleye’s Tim Searle and DeVere Group’s Nigel…
UK-based Investment Design and Distribution (IDAD) has formed an exclusive partnership with multi-asset fund house 8AM Global and has strengthened its offshore distribution team.
Advisers suspect the influx of applications for intermediary licences in Hong Kong is due to an increase in private bankers and asset managers in the region.
Demand for investment-linked assurance schemes in Hong Kong dived following January’s ban on indemnity commission, but FPI’s James Tan is confident the industry will move in a positive direction once all players are settled into the changes.
Hong Kong advisers offering insurance products could face inconsistencies in their overall requirements when a new measure comes into force next year, Old Mutual International’s Mark Christal has warned.
International regulators will be allowed to investigate the Singapore-based subsidiaries of multi-national advisory firms under new guidelines set out by the Monetary Authority of Singapore.
A new rule which allows life companies to sell insurance without commissions and financial advice is about to come into force in Singapore.
