DeVere pays 190k for misselling
A financial adviser has won a long-standing battle against deVere UK to return £190,000 to his clients after the multi-national advisory firm mis-sold high-risk products.
Kenya fails to meet deadlines for two DTAs
Two double taxation agreements (DTAs) involving Kenya, South Africa and Mauritius have been set back a year after Kenya failed to complete the final step in the proceeds.
Asset management sector well positioned
Assets under management in the UK wealth and asset management sectors are expected to rise 6.5% per year between 2015 and 2018, EY said in a recent ITEM Club financial services forecast.
Dull US stocks set to shine Hermes
Low quality stocks have led the recovery in the US so far, with QE contributing to excess liquidity, however higher quality although perhaps “unglamorous stocks” will see a resurgence according to Hermes’ Mark Sherlock.
Novia appoints head of sales for new offshore
Novia Global has hired a head of sales and marketing for its newly created international platform aimed at expatriates around the world.