Director banned from financial services for five years
The director of a financial services firm has been suspended from the industry for five years, and has agreed to pay £225,786, after his business failed to give appropriate advice to its clients.
PEOPLE MOVES: Jupiter, HSBC and Clyde & Co
Jupiter Asset Management appoints a head of multi-asset strategy, Clyde & Co expands its Middle East operation and HSBC hires a managing director for Sweden.
United Kingdom | 16 Feb 18
Lifeboat scheme opens door to British Steel IFA firm claims
Customers of now-liquidated IFA firm Active Wealth, which was at the centre of “questionable advice” given to British Steel Pension Scheme (BSPS) members, may soon be able to make claims against the company.
S Africa advisers want ‘cool heads to prevail’ post-Zuma
The resignation of South Africa’s embattled president Jacob Zuma is a positive step for the country’s economy, but advisers warn the change of guard does not guarantee success for the struggling nation.
Convoy freezes former directors British Virgin Islands assets
The former director of troubled Convoy Global has had his assets on the British Virgin Islands frozen, with the firm also filing a writ against him and 12 others, demanding they pay £16m in compensation.