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French presidential candidate wants a 100% tax on the rich

Europe | 20 Apr 17

French presidential candidate wants a 100% tax on the rich

Jean-Luc Melenchon, a far-left candidate backed by the French Communist Party, has said he would introduce a 100% tax on income above €400,000 (£428,800, $425,000).

Cold-calling ban questioned as gov’t plans ‘swifter’ launch

Retirement | 20 Apr 17

UK to delay ban on pension cold calling amid snap election

The UK government could delay introducing a ban on pension cold calling after British prime minister Theresa May called a snap election for 8 June, according to investment platform AJ Bell.

DeVere denies ‘unfounded claims’ it uses prohibited funds in SA

Africa | 20 Apr 17

DeVere denies ‘unfounded claims’ it uses prohibited funds in SA

International advisory firm deVere has denied claims that it has been investing its South African clients’ money in offshore funds which have not been approved by the country’s regulator, blaming the “unfounded allegations” on a disgruntled former employee.

DeVere accused of using unlicensed funds in South Africa

Africa | 19 Apr 17

DeVere accused of using unlicensed funds in South Africa

International advisory firm deVere has been accused of investing South African clients’ money in offshore funds which have not been approved by the country’s financial services regulator, according to a report by news feed Moneyweb.

Paul Evans to replace Brendan Dolan as UAE head at Old Mutual

Middle East | 19 Apr 17

Paul Evans to replace Brendan Dolan as UAE head at Old Mutual

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.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.