Woodbrook acquires Mondial
Deal establishes a base for the group in the Middle East
Sean Kelleher
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Life companies forced down a path of faster evolution in UAE
While advice company boss warns no change is ‘certain death’ for wealth firms
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Expat retirement plans set for shake-up in the UAE
Dubai is forging the path towards DC-style schemes, in addition to the end of service gratuity system
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Advisers in UAE face tougher environment for financial planning
The chief executive of a leading UAE advice firm has warned that increased regulation will reduce the survival prospects for many financial consultancy firms in the Emirates if the obvious warnings from regulators are ignored.
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Reading the regulatory writing on the UAE wall
Regulatory changes in the United Arab Emirates pose a challenge to existing business models for IFAs in the region but Sean Kelleher at Mondial is one step ahead, and after years of hard work in preparing his business for the new requirements, he is ready to reap the rewards.
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brokers warn they will report those not complying
Pressure is mounting on insurance brokers in the UAE as the full scale of the upcoming regulatory requirements become clear and as some brokers warn they will report those firms which do not comply.
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shariah focused independent wealth
A Shariah-focused independent wealth organisation has opened in Dubai.
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a design for life business strategies with
An increasingly complex market environment means that today’s IFAs must be far more skilled than their predecessors if they are to truly work in their clients’ best interests. A structured training programme has become a vital tool in ensuring good long-term returns, as Mondial (Dubai) are discovering
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prosperity opens bangalore office
Abu Dhabi-headquartered advisory firm Prosperity has opened an office in India, the second UAE based IFA firm to do so this year.
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advisers form lm action group for investors
A group of advisers with clients invested in the LM Investment Management fund range have come together to form a committee to represent investors.
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more than two thirds of ia readers against
Almost a quarter of International Adviser readers believe commission is the “crack cocaine” of the industry and should be banned across the world, according to a recent poll, although most would not want to see it banned.
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knowing the market
Sean Kelleher, chief executive of Mondial Dubai, talks to Simon Danaher about how putting together a multicultural team geared towards serving the population of the region has kept his business profitable through turbulent times.