Investment | 26 Sep 16
Foreign fund managers gaining traction in Taiwan
Despite rising hurdles to launch offshore funds in Taiwan, some foreign managers are making progress, according to research firm Cerulli Associates.
Middle East | 26 Sep 16
Asset managers, life co’s seek clarity on new UAE fund laws
Life companies are calling for more clarity on how new laws covering mutual funds offered for sale within their products in the UAE will work in practice, while asset managers have begun the process of deciding which products to offer.
Prudential’s Gerry Brown to retire after 40-year career
Prudential’s tax industry stalwart Gerry Brown has announced he will retire at the end of the month following a 40-year career in offshore financial services.
Australian stockbroker took financial ‘advice’ from psychic
The head of a failed Australian stockbroking firm, which collapsed owing investors A$61m (£36m, $47m, €42m), took financial advice from a psychic who claimed she could ‘manipulate electromagnetic energy’ to get “better outcomes” for the company.
Best Practice | 23 Sep 16
Two-thirds taking cash from pensions did not seek advice
Two-thirds of recent UK retirees who took cash from their pension pots during their first year of retirement did so without seeking any professional advice.