Swiss qrops specialist sets up in hk

Swiss qrops specialist sets up in hk

Swiss-based FEIFA member Forth Capital has appointed RDR qualified Graham Brown as managing director to establish an Asia operation out of Hong Kong before the end of this year.

Published : 5, Oct 2012
luxury goods waste management funds unveil

luxury goods waste management funds unveil

Investment funds focused on very different areas of business one on luxury goods, the other on waste management have unveiled Singapore dollar variations of their existing offerings.

Published : 5, Oct 2012
singapore insurer fined for giving

singapore insurer fined for giving

A large general insurer in Singapore has been fined by the local regulatory authority for allowing unqualified staff to sell insurance products to the public.

Published : 4, Oct 2012
mpf changes act as rdr dry run

mpf changes act as rdr dry run

In preparation for the ‘Employee Choice Arrangement’, a new initiative in Hong Kong under which clients will be permitted to move their Mandatory Provident Fund (MPF) assets to a new pension provider, financial advisers are drawing up fee structures in what could be interpreted as a “dry run” for an RDR-type environment.

Published : 28, Sep 2012
scams rife in hong kong scmp reports

scams rife in hong kong scmp reports

Financial scams are on the rise in Hong Kong, the South China Morning Post is reporting, in a story which quotes deVere chief executive Nigel Green on what he calls “hard to fathom carbon credits” being sold “to vulnerable consumers”.

Published : 26, Sep 2012
capital platforms links with royal london

capital platforms links with royal london

Capital Platforms, the Singapore-based international platform provider recently launched by the original founders of Boston Direct Management, has formed a “working alliance” with Royal London 360°.

Published : 19, Sep 2012
Brooklands opens office in KL Malaysia

Brooklands opens office in KL Malaysia

Brooklands Pensions, the UK- and Dubai-based pensions administrator, has opened a representative office in Kuala Lumpur, Malaysia, as it looks to expand its presence in Southeast Asia.

Published : 19, Sep 2012
hong kong  favour property to marriage

hong kong favour property to marriage

A new survey of over a thousand people in Hong Kong has revealed that property ownership is the most wanted life goal, rather than marriage.

Published : 14, Sep 2012
hsbc sells pakistan arm

hsbc sells pakistan arm

HSBC has agreed to sell its operations in Pakistan comprising 10 branches to the Asian country's JS Bank Limited for an undisclosed sum.

Published : 11, Sep 2012
the sfc begins criminal proceedings against

the sfc begins criminal proceedings against

The Securities and Futures Commission has begun criminal proceedings against Pacific Sun Advisors and its director Andrew Pieter Mantel.

Published : 6, Sep 2012
DeVere to open in Penang

DeVere to open in Penang

The deVere Group has opened a new office in Penang, North Malaysia, to give it an additional base in the country.

Published : 5, Sep 2012
labuan in move to be a top intl insurance

labuan in move to be a top intl insurance

Labuan, a group of tiny islands off the coast of Malaysia, this month is pulling the wraps off an ambitious plan to transform the regulation of its insurance industry.

Published : 5, Sep 2012
ifast financial unveils uk pension services

ifast financial unveils uk pension services

IFast Financial, the Singapore-based investment platform operator, has agreed a deal to introduce a package of retirement products and services for Britons living in Asia, in conjunction with Momentum Pensions of Malta, and UK- and Dubai-based Brooklands Pensions.

Published : 30, Aug 2012
exclusive report singapore industry says

exclusive report singapore industry says

An ad-hoc alliance of about 15,000 financial advisers and managers in Singapore has formed to defend the commission model for remunerating providers of financial services and advice, a Singapore newspaper is reporting exclusively today.

Published : 29, Aug 2012
hk regulator in legal action against big fours

hk regulator in legal action against big fours...

Hong Kongs Securities & Futures Commission has taken legal action against the Hong Kong arm of UK-based Big Four accounting firm Ernst & Young, for failing to produce key accounting records of a mainland company that had sought a stock market listing in Hong Kong three years ago.

Published : 27, Aug 2012
barclays targets uhnw in singapore with

barclays targets uhnw in singapore with

Barclays has set up an Independent Asset Managers team in Singapore to target the ultra high net worth market.

Published : 23, Aug 2012
capital platforms adds brooklands sipp

capital platforms adds brooklands sipp

Capital Platforms, the Singapore-based platform provider recently launched by the original founders of Boston Direct Management, has added the Brooklands SIPP to its suite of products available to its adviser clients.

Published : 23, Aug 2012
regulation severity cuts off ifa choice

regulation severity cuts off ifa choice

Tightening regulation is restricting the investment choice financial advisers in Hong Kong are able to offer their clients and stifling their ability to do business, according to IFAs based in the territory.

Published : 23, Aug 2012
merrill lynch fined hk3 5m for regulatory failings

merrill lynch fined hk3 5m for regulatory failings...

Global banking giant Merrill Lynch has been fined HK$3.5m ($450,000, £290,000) by the Hong Kong financial regulator over a fraud committed by one of its former employees.

Published : 22, Aug 2012
insurance agents convicted by hong kong court

insurance agents convicted by hong kong court

Two insurance agents have been convicted by a senior court in Hong Kong of selling investment funds without a licence.

Published : 20, Aug 2012

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