Morocco's Saham Finances buys Mauritian insurer Sun Insurance

Morocco's Saham Finances buys Mauritian insurer...

Moroccan insurer Saham Finances has bought Mauritian insurer Sun Insurance for an undisclosed sum, the company has confirmed.

Published : 23, Sep 2016
Major Sth African insurer targets international life markets

Major Sth African insurer targets international...

Provisca, the international distribution business launched in August by Nigel Watson and Bryan Low, has signed its first partnership agreement, opening up the products of South Africa’s third largest listed insurer to international markets.

Published : 5, Sep 2016
South Africa to roll out delayed RDR by January, confirms FSB

South Africa to roll out delayed RDR by January,...

South African regulator, the Financial Services Board (FSB), has confirmed that the first phase of the upcoming Retail Distribution Review (RDR) will be introduced on 1 January 2017 – six months after the original deadline.

Published : 31, Aug 2016
South African IFAs want more industry support

South African IFAs want more industry support

South African asset management firms and investment service providers need to do more to help make the lives of IFAs easier, a survey from consultancy firm Insight Discovery has found.

Published : 25, Aug 2016
Old Mutual Int’l suffers amid sharp decline in Qrops sales

Old Mutual Int’l suffers amid sharp decline in...

Old Mutual International saw a sharp drop in sales of qualifying recognised overseas pension schemes (Qrops) following the introduction of UK pensions freedoms in April last year.

Published : 11, Aug 2016
Abu Dhabi and S. Africa regulators sign partnership deal

Abu Dhabi and S. Africa regulators sign partnership...

South Africa’s Financial Services Board (FSB) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have agreed to collaborate more on regulatory matters and facilitate the exchange of information between the countries.

Published : 9, Aug 2016
South African life insurer Discovery moves into Japan

South African life insurer Discovery moves into...

South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced.

Published : 25, Jul 2016
South Africa insurer Sanlam buys 49% stakes in Firstglobal AM

South Africa insurer Sanlam buys 49% stakes in...

Graviton Financial Partners, a wholly-owned subsidiary of South African insurance giant Sanlam, has acquired a 49% stake in Firstglobal Asset Management for an undisclosed sum.

Published : 18, Jul 2016
Zurich to sell Africa units to Canadian insurer Fairfax

Zurich to sell Africa units to Canadian insurer...

Swiss-based insurer Zurich has sold its operations in South Africa and Botswana to Canada's Fairfax Financial Holdings for an undisclosed sum.

Published : 8, Jul 2016
Unilife: Life cover out of Africa

Unilife: Life cover out of Africa

International life insurer Unilife has its roots firmly planted in Africa, but managing director Stephen Conway has his sights set on entering Europe as well as the changing face of the life market.

Published : 6, Jul 2016
Mauritius a leading offshore centre among Africa’s IFAs

Mauritius a leading offshore centre among Africa’s...

Mauritius is set to become the offshore centre of choice among financial advisers based in Southern Africa, a new survey has revealed.

Published : 1, Jul 2016
Old Mutual Wealth to be spun out and floated

Old Mutual Wealth to be spun out and floated

Old Mutual Wealth is set to be spun out of its parent group and floated on the London and Johannesburg stock exchanges as part of Old Mutual’s four-way demerger.

Published : 28, Jun 2016
Clients' great expectations challenge Sth African advisers

Clients' great expectations challenge Sth African...

South Africa’s leading independent financial advisers have called on the sector to embrace change to meet the great expectations of the next generation of clients and regulators.

Published : 15, Jun 2016
Spotlight on financial adviser Carrick Wealth’s training academy

Spotlight on financial adviser Carrick Wealth’s...

Earlier this year, South Africa-based Carrick Wealth launched its flagship Invictus programme, a training academy aimed at the company’s would-be advisers.

Published : 10, Jun 2016
African dream: a profile of Carrick Wealth

African dream: a profile of Carrick Wealth

Craig Featherby’s start-up, Carrick Wealth, has hit the ground running, benefiting from South Africa’s burgeoning offshore funds market. He shares his inside view on the country’s current economic troubles.

Published : 7, Jun 2016
Barclays Africa to expand insurance business into Ghana

Barclays Africa to expand insurance business into...

Barclays Africa Group (BAGL), one of South Africa’s ‘big four’ banks, is looking to expand its insurance business into Ghana, local media reports suggest.

Published : 1, Jun 2016
Old Mutual EM unit moves into West Africa with ETI deal

Old Mutual EM unit moves into West Africa with...

Old Mutual Emerging Markets (Omem) has teamed up with pan-African banking group Ecobank Transnational Incorporated (ETI) as part of a move to expand its operations into French-speaking nations such as Senegal and the Ivory Coast.

Published : 23, May 2016
Expect specialisation to continue to power property market - BlackRock

Expect specialisation to continue to power property...

The South African property market is likely to soon see a transition from the current ‘gobble-up’ diversified approach to a more specialised one, said Steve Ralff, director and global product strategist at the BlackRock Real Estate Securities Group.

Published : 20, May 2016
Retirement fears still stalk the offshore market

Retirement fears still stalk the offshore market...

A recent survey by HSBC showed that 50% of its clients currently fear retirement.

Published : 13, May 2016
Old Mutual Wealth hires new COO as group break-up approaches

Old Mutual Wealth hires new COO as group break-up...

Old Mutual Wealth has appointed Steven Braudo as chief operating officer, effective 1 June 2016.

Published : 6, May 2016
International Adviser Best Practice Adviser Awards 2016 results
International Adviser...

The winners in International Adviser’s inaugural Best...

France, Germany and Italy fighting EU-wide ban on commission
France, Germany and Italy...

France, Germany and Italy are fighting against introducing...

Advisers losing out due to customer experience not price
Advisers losing out due...

Advisers are losing business because they are failing...

Europe remains the ‘wild west’ for adviser qualifications
Europe remains the ‘wild...

Clients receiving poor advice from inadequately qualified...

Bahamas files leak exposes former EU official's links to offshore firms
Bahamas files leak exposes...

A new cache of 1.3 million documents from the Bahamas...

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