Qatar licences first family office advisory firm
FACT Middle East, a specialist family office business, has been granted a licence by the Qatar Financial Centre Authority (QFCA) and is now fully operational in the Persian Gulf state.
DFSA fines Deutsche Bank $8.4m for ‘serious contraventions’
The DIFC branch of Deutsche Bank (DBDIFC) has been fined $8.4m by the Dubai Financial Services Authority (DFSA) for “serious contraventions” in its private wealth management procedures.
United Kingdom | 15 Apr 15
Expect exodus from large wealth managers to continue – IFP
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
United Kingdom | 14 Apr 15
Service upgrades could trump lower fees – Brown Shipley
Lower service charges may not necessarily be on the cards, but IFAs must provide value for their percentage, according to the head of Brown Shipley’s Manchester office Jon Sherlock
People Moves | 14 Apr 15
Peter Hargreaves steps down from HL board
Hargreaves Lansdown co-founder Peter Hargreaves has stepped down from his role on the firm’s board, effective immediately.