Aussie regulator sues superannuation trustee firm
It alleges the company charged over A$4m in fees for no service
News
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UBS sells Swiss advice arm to wealth manager
Acquirer wants to bolster its offering for US clients who seek ‘geographic diversification’
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Failed mini-bond firm redress pot hits £91m
Just over 84% of eligible bondholders have been given compensation
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Gam International Management handed £9.1m fine
And ex-bond manager receives a £230,037 penalty
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NRI entrepreneurs face audit confusion
As regulator looks to scrap requirements for small and medium companies
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Nigel Green-backed firm eyes UAE hiring and acquisition spree
Advice company also wants to obtain licences in Europe
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LGT buys Aussie wealth manager for A$475m
Deal adds A$25bn AuM
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Cyprus revamps temporary permissions regime for British firms
Regulator set up the scheme in December 2020
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48% of Brits worried about running out of money in retirement
They plan to downsize and use inheritance to fund later life
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Swiss private bank unveils Abu Dhabi operation
UAE ‘is becoming an increasingly attractive market’ for wealth management
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UK government ‘under pressure’ to rethink pension increase
As inflation surpasses 5% mark for the first time in a decade
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FWD to raise $1.4bn in private placements from investors
Funds will help ‘provide additional capital to support’ its growth in the ‘attractive’ life industry