Best Practice | 20 Jul 16
Existing financial advice ‘unsustainable’, says S.Africa’s FSB
South Africa’s financial advisory market is unsustainable in its current form and urgently needs the introduction of the upcoming Retail Distribution Review (RDR) regulations, according to the country’s financial services regulator, the Financial Services Board (FSB).
Macro Views | 19 Jul 16
ANALYSIS: The US is riding to the rescue
There has been no shortage of doom and gloom despite the outbreak of something resembling summer in the United Kingdom this week.
Aetna adds employee mental health cover to insurance plans
Expat health insurer Aetna International will now offer specialist mental health services as part of its international healthcare plans.
Tax & Regulation | 19 Jul 16
Int’l IFA group urges UK government to delay non-dom reform
Boston Multi Family Office (BMFO), an Isle of Man-based tax advisory firm with offices in Malta and Dubai, has called on the incoming chancellor Philip Hammond to delay tax reforms governing non-UK domiciles.
South Africa insurer Sanlam buys 49% stakes in Firstglobal AM
Graviton Financial Partners, a wholly-owned subsidiary of South African insurance giant Sanlam, has acquired a 49% stake in Firstglobal Asset Management for an undisclosed sum.