DeVere Group acquires advice firm in UK push
Founder Nigel Green looking forward to helping even more people ‘facing tough retirement choices’
Founder Nigel Green looking forward to helping even more people ‘facing tough retirement choices’
Significant costs push annual losses up 30%
Guardian Wealth Management’s training and technical director, Darren Jones, has left the company to join deVere Group in a similar role.
International sipp provider STM has responded to recent comments made by deVere founder Nigel Green to sell his shares in the company, in a statement to International Adviser.
DeVere founder and chief executive Nigel Green said he bought a 24% stake in financial services group STM after struggling to find a good European provider to invest in, referring to the company as the “best of a bad bunch”.
The manager for Guardian Wealth Management’s Abu Dhabi office is to return to the deVere Group, with almost immediate effect.
DeVere chief Nigel Green has warned lessons must be learned from the collapse of Carillion and the ‘inherent weaknesses’ of UK final salary pension schemes.
Carillion’s imminent liquidation and £587m (€660m, $805m) pension shortfall has put increased pressure on the UK Government to tackle the sustainability of defined benefit (DB) schemes in an up-coming white paper, according to an Old Mutual Wealth pensions expert.
Inflation rates rising, the Chinese economy slowing and the US pushing back against free trade agreements are all real possibilities investors must “carefully monitor” in 2018, according to deVere Group chief executive Nigel Green.
One of the key industry figures in the region, the Middle East’s head for deVere Acuma Nigel Green has told International Adviser that “everybody is moving in the direction of a 1% per annum type model”.
DeVere Group founder and chief executive Nigel Green admits it has been a challenging year in the UAE and part of his strategy going forward is to boost morale with a new emphasis on retaining staff and clients in the final of a three-part interview with International Adviser.
DeVere Investment has dropped two of the three points of appeal it lodged after losing a South Africa Labour Appeal Court ruling that it had to pay fired area manager Ross Pennell outstanding commission, notice, and an unpaid bonus.