Singapore advice firm loses case against competition watchdog

Singapore advice firm loses case against competition...Lock icon

Singapore’s Competition Appeal Board (CAB) has dismissed an appeal from IPP Financial Advisers to reduce the fine it was handed after being found guilty of colluding with other advice firms to force a competitor to withdraw a life product commission rebate offer.

Published : 2, Aug 2017
Ex-FPI Singapore managing director Chris Gill joins SJP Asia

Ex-FPI Singapore managing director Chris Gill...Lock icon

Former Friends Provident International Singapore managing director Chris Gill has joined St James’s Place Wealth Management Asia as development director to the international business.

Published : 2, Aug 2017
Aussie and IoM schemes boost UK Rops list as transfers drop

Aussie and IoM schemes boost UK Rops list as transfers...Lock icon

HM Revenue & Customs’ list of recognised overseas pension schemes (Rops) has grown by 10% on the back of more schemes from Australia and the Isle of Man being added. This rise, however, follows official figures showing that the number of Qrops transfers hit its lowest level for six years last year.

Published : 1, Aug 2017
Analysis: Sailing the macro winds in Japanese equities

Analysis: Sailing the macro winds in Japanese...

Japanese equity fund net inflows by European investors have picked up recently, as the current macro environment looks conducive to Japanese equities. Asset managers are also jumping on board with the asset class, but why?

Published : 31, Jul 2017
Aussie research firm unveils real estate-focused IFA platform

Aussie research firm unveils real estate-focused...

SQM Research has created an investment analysis platform for financial advisers that offers access to residential real estate data alongside a standard mutual funds research service.

Published : 31, Jul 2017
China gov’t tells Anbang Insurance to sell overseas assets

China gov’t tells Anbang Insurance to sell overseas...Lock icon

Chinese authorities have reportedly asked Anbang Insurance Group to sell its overseas assets, which include life insurers in the Netherlands, South Korea, and the United States, as the country's insurance regulator prepares to ramp up its supervision of the sector.

Published : 31, Jul 2017
India’s Reliance Nippon Life eyes M&A for distribution push

India’s Reliance Nippon Life eyes M&A for distribution...

Indian life company Reliance Nippon Life Insurance is looking to expand its distribution network through a series of takeovers of bank-owned life insurers, a top company official told analysts.

Published : 31, Jul 2017
Aussie regulator seeks wind up order for land banking scheme

Aussie regulator seeks wind up order for land...Lock icon

As part of its ongoing investigation into land banking schemes, presumably on the back of the LMIM scandal, the Australian financial regulator has started legal action to wind up a scheme in which at least 82 people invested around A$800,000 (£488,212, $640,123, €546,859).

Published : 28, Jul 2017
Abu Dhabi inks two partnerships with Malaysian regulators

Abu Dhabi inks two partnerships with Malaysian...

The financial regulator of the Abu Dhabi Global Market (ADGM) has signed partnership agreements with its two financial services counterparts based in Malaysia's financial hub, Labuan.

Published : 28, Jul 2017
Abu Dhabi and Australia sign cooperation deal for fintech push

Abu Dhabi and Australia sign cooperation deal...

The Abu Dhabi Global Market's Financial Services Regulatory Authority (FRSA) has signed a cooperation agreement on financial innovation with the Australian Securities and Investments Commission (Asic).

Published : 27, Jul 2017
China remains a hotbed for Ponzi schemes despite crackdowns

China remains a hotbed for Ponzi schemes despite...

Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.

Published : 26, Jul 2017
International Adviser magazine goes digital

International Adviser magazine goes digital

After 12 years of printing monthly copies, International Adviser is going digital from September. This exciting development will allow us to shape our content differently as the markets around the world evolve.

Hong Kong’s Mason plans acquisitions for wealth unit launch

Hong Kong’s Mason plans acquisitions for wealth...

Hong Kong financial company Mason Group Holdings has announced plans to build an offshore wealth management business with at least $3bn (£2.3bn, €2.5bn) in assets from the ground up through a series of acquisitions.

Published : 25, Jul 2017
Commonwealth Bank positions life business for sale

Commonwealth Bank positions life business for...

The Commonwealth Bank of Australia (CBA) is reportedly looking to sell its life insurance business but the move in not linked to recent regulatory changes requiring the country’s biggest banks to hold billions in extra capital.

Published : 24, Jul 2017
Japan’s regulator steps up disclosure duties for life insurers

Japan’s regulator steps up disclosure duties for...

Japan’s financial watchdog, the Financial Services Agency (FSA), is asking life insurance companies to become more scrupulous investors by adhering to a new stewardship code.

Published : 24, Jul 2017
Emerging market growth funds make a comeback

Emerging market growth funds make a comebackLock icon

Emerging markets are increasingly attractive but selecting the right fund is the key to performance, according to Morningstar.

Published : 24, Jul 2017
Deutsche AM: Hot Asian equities have room to run

Deutsche AM: Hot Asian equities have room to run...

Asian equity markets are up, but they are not in a bull market, according to Sean Taylor, Deutsche Asset Management’s Hong Kong-based managing director and Asia Pacific chief investment officer.

Published : 21, Jul 2017
Chinese robo-adviser expands overseas

Chinese robo-adviser expands overseas

Beijing-based robo-adviser Xuanji has announced plans to launch a fully-automated portfolio service in Asia, its first foray outside China.

Published : 21, Jul 2017
FCA signs cooperation agreement with Hong Kong regulator

FCA signs cooperation agreement with Hong Kong...

The UK Financial Conduct Authority (FCA) has signed an agreement with the regulatory authority in Hong Kong to strengthen cooperation and facilitate the exchange of information.

Published : 20, Jul 2017
Exclusive: Praemium back on track as CEO outlines strategy

Exclusive: Praemium back on track as CEO outlines...Lock icon

Following his shock dismissal as Praemium chief executive, Michael Ohanessian launched a successful fightback that saw him not only win back his job but also oust the board that sacked him. Here he talks exclusively to International Adviser about what happened and his plans for the future.

Published : 20, Jul 2017

Sponsored Content

US court upholds IRS penalty on US expat demanding tax refund
US court upholds IRS...

A US court has dismissed a complaint by an American...

Mazars cleared of bad advice charge by UK Ombudsman
Mazars cleared of bad...Lock icon

A man who had to pay additional taxes after losing...

New Hong Kong wealth firm led by ex-UHNW exec
New Hong Kong wealth...

A former UBS director of ultra-high net worth (UHNW)...

How to make the most of unused inheritance tax allowance
How to make the most...Lock icon

The UK tax office has recently updated its rules for...

Axa Life Singapore ordered to pay $3m over bad reference
Axa Life Singapore ordered...Lock icon

Axa Life Insurance Singapore has been ordered by the...

OTHER STORIES FROM LAST WORD...