Singapore police force investigates 329 scammers
Victims have lost around £5.5m
News
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Wealth manager buys UK financial planning firm
As it bids to reach £1bn AuM over the next few years
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UK tax tribunal delivers outcome on domicile case
Appeal results in reduction in taxes of around £100,000
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Paraplanners call for better tech to help deliver value for clients
But 54% see AI as both an opportunity and a threat
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The seven signs of a ‘progressive platform’
Companies that strive to improve ‘haven’t always been easy to find’
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FCA to review treatment of politically exposed persons
Regulator will ‘take prompt action if any significant deficiencies are identified in the arrangements of any firm assessed’
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Feifa unveils recruitment hub
To help member firms that have been ‘struggling to find appropriate people to fill roles that they have available’
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Sanlam and Allianz create joint venture in Africa
JV will provide insurance and financial services in 27 markets
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Canadian pension fund acquires majority stake in UK wealth manager
Deal is worth around £255m
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UAE to launch end-of-service scheme for private sector employees
It will include three main investment options
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Singapore-based MoneyOwl to wind down financial advice arm
Following a review which found that business would not be commercially viable
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Former The Fry Group financial planner sets up UK firm
To help clients make ‘wise investment decisions and minimise tax liabilities’