Amundi opens Middle East HQ in the DIFC

Amundi opens Middle East HQ in the DIFC

European asset management giant Amundi has opened a regional office for the Middle East in the Dubai International Financial Centre (DIFC) to service institutional clients across the MENA area.

Published : 25, May 2017
Globaleye names wealth head in bid to up UAE advice standards

Globaleye names wealth head in bid to up UAE advice...

Dubai-headquartered Globaleye has appointed a new head of wealth management to oversee the quality of its advice to clients, raise standards and ensure the company complies with the new rules emerging in the UAE.

Published : 24, May 2017
Abu Dhabi creates will registry for expats

Abu Dhabi creates will registry for expats

Abu Dhabi has created a new register of wills for non-Muslim expats living and working in the UAE, which may allow them to circumvent Sharia law when estate planning.

Published : 24, May 2017
RL360°’s Steve Noon takes up Middle East role

RL360°’s Steve Noon takes up Middle East role

RL360°’s Dubai office has appointed Steve Noon to the role of regional sales manager.

Published : 22, May 2017
UAE unveils crackdown on banks selling insurance policies

UAE unveils crackdown on banks selling insurance...

The UAE Central Bank is cracking down on insurance products sold via banks after receiving a growing number of mis-selling complaints.

Published : 18, May 2017
Ex-Globaleye managing director Scott Balsdon joins Holborn

Ex-Globaleye managing director Scott Balsdon joins...

Scott Balsdon has joined Holborn Assets in Dubai as a non-executive director having left his role as managing director of Globaleye in December 2016 after nine years with the firm.

Published : 17, May 2017
Clouds linger over mutual fund industry in the UAE

Clouds linger over mutual fund industry in the...Lock icon

The mutual funds industry in the UAE is still waiting for clarity from the Securities and Commodities Authority (SCA) on its recently introduced registration and promotion systems as another regulator, the Insurance Authority, moves ahead with life company and adviser reforms.

Published : 9, May 2017
Zurich signs 10-year UAE deal with Standard Chartered

Zurich signs 10-year UAE deal with Standard Chartered...

Zurich Life International has signed an “exclusive” 10-year distribution agreement with Standard Chartered in the United Arab Emirates (UAE).

Published : 8, May 2017
Globaleye hires compliance officer as UAE rules tighten

Globaleye hires compliance officer as UAE rules...Lock icon

Dubai-headquartered IFA firm Globaleye has hired a regulatory compliance expert to ensure the company meets the rapidly growing demands of watchdogs in the countries where it operates worldwide.

Published : 4, May 2017
CII qualifications ‘no use’ in international financial planning

CII qualifications ‘no use’ in international financial...Lock icon

International qualifications from the Chartered Insurance Institute (CII) are “no use to anyone” providing financial planning in overseas jurisdictions, according to Sarah Lord, one of the most highly qualified female financial planners in the UK.

Published : 3, May 2017
How to get 7% returns using Schroders’ maximiser range

How to get 7% returns using Schroders’ maximiser...Lock icon

Amar Patel, a fund manager at Schroders, talks about the importance of value investing and how it can be used in retirement planning.

Published : 28, Apr 2017
UAE to push ahead with major life industry overhaul

UAE to push ahead with major life industry overhaul...Lock icon

The main regulator of life companies in the UAE has confirmed it will go ahead with a ban on indemnity commissions, limits to fees and charges on industry products and tighter rules on financial advisers.

Published : 27, Apr 2017
Top challenges facing advisers in the UAE

Top challenges facing advisers in the UAELock icon

Advisers working in the Middle East can no longer afford to be a “one-trick pony”, says Phil Story, SEO and head of distribution for EMEA at Investors Trust Assurance, as he urges them to focus on “holistic financial planning” to boost their income stream.

Published : 27, Apr 2017
Zurich on how to become a millionaire by 65

Zurich on how to become a millionaire by 65Lock icon

Starting early with pension saving and using the benefits of compound interest is one of the best ways to ensure you become a millionaire by 65, says Amrita Sethi, head of marketing at Zurich International Life.

Published : 26, Apr 2017
How the Qrops levy will impact UAE pension planning

How the Qrops levy will impact UAE pension planning...Lock icon

Old Mutual Wealth’s David Denton talks about how the shock 25% Qrops charge imposed by the UK last month will affect retirement planning in the UAE.

Published : 24, Apr 2017
Abu Dhabi banker probed by Italy over 1MDB scandal

Abu Dhabi banker probed by Italy over 1MDB scandal...

Italian prosecutors are investigating a former Emirati sovereign wealth fund official over allegations of insider trading in UniCredit shares in the Malaysian 1MDB scandal, which has led to a crackdown of a number Swiss banks.

Published : 24, Apr 2017
UAE joins global fight against offshore tax evasion

UAE joins global fight against offshore tax evasion...

The United Arab Emirates formally signed up to what the OECD calls 'the most powerful multilateral treaty against offshore tax evasion and avoidance', on Friday.

Published : 24, Apr 2017
Mike Coady heading up Guardian Wealth’s new UAE division

Mike Coady heading up Guardian Wealth’s new UAE...

Ex-deVere UK managing director Mike Coady is heading up Guardian Wealth Management’s new corporate solutions division in the UAE.

Published : 20, Apr 2017
Expat cities among the most expensive for rent

Expat cities among the most expensive for rent...Lock icon

Hong Kong, Dubai and Singapore are some of the most expensive cities in the world when it comes to how much people have to earn to pay rent but they do not top the list, research from UK property selling start-up Nested has found.

Published : 19, Apr 2017
Paul Evans to replace Brendan Dolan as UAE head at Old Mutual

Paul Evans to replace Brendan Dolan as UAE head...

Paul Evans has been named as Old Mutual International’s new head of region for the Middle East and Africa, taking over from Brendan Dolan, who was recently promoted to global sales director.

Published : 19, Apr 2017

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