hk moves closer to insurance safety net
Hong Kong has moved closer to implementing a scheme that would compensate holders of insurance policies in the event that their insurer were to become insolvent.
News
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redknapps week in court
Harry Redknapp’s past week in court where yesterday he was accused of telling a pack of lies possibly could not have gone much worse.
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survey advice worth 38 90 an hour
As the day approaches when UK financial advisers will bill their clients for their time rather than relying on commissions for income, a new report has found Britons willing to pay just £38.90 an hour for advice.
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globaleye opens in shanghai while closing
Globaleye, the Dubai-headquartered advisory firm, has opened a new office in the Chinese megacity of Shanghai, and is closing its two-year-old Brazil operation.
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old mutual launches first isle of man
Old Mutual International has launched its first Isle of Man based product, Investment Portfolio, specifically for the South African retail market.
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the new qrops legislation explained
Following the release of the second draft of QROPS legislation, there has been widespread concern about the future of the industry. Rex Cowley of Newdawn Consultancy & Research provides an overview of each QROPS jurisdiction and finds that its business as usual.
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hkma revises rules for private banks products
The Hong Kong Monetary Authority (HKMA) has published a revised version of its rules covering the sale of investment products, which changes the way private banks and so-called authorised institutions acting in a similar capacity are bound to deal with their clients.
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alliancebernstein launches us equity fund
AllianceBernstein has launched a Luxembourg-domiciled US equity fund, focusing on large and mid-cap stocks.
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founder chairman and ceo of lombard
The chairman and founder as well as chief executive of Lombard International Assurance are to step down.
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mpf revision opens door to hk advisers
An overhaul of the mandatory provident fund scheme in Hong Kong, which will allow employees to choose which MPF provider they use, is being eagerly anticipated by advisers.
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fairbairn private bank promotes from within
Fairbairn Private Bank has created two new senior management roles to help steer the company through “macroeconomic headwinds”.
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notz stucki opts for bahrain in me
Notz, Stucki & Cie, a Geneva-based asset management firm with $7.5bn in assets under management, has selected Bahrain as the location for its regional office in the Middle East.