Convoy goes after ex-directors for stealing HK$4bn
Troubled Hong Kong financial advice firm Convoy Global is suing 28 people for more than HK$4bn, including former chairman Quincy Wong Lee-Man and former director Roy Cho Kwai-chee who is believed to have fled the country.
Drop in pension auto-enrolment age worth £50,000
The UK’s Department for Work and Pensions has confirmed that the auto-enrolment age will be lowered to 18-years-old, a move that could see some savers £50,000 better off after 40 years.
Convoy to spend HK$300m to win back investors
Convoy Financial Services, the recently raided Hong Kong financial advisory firm that saw multiple senior executives arrested, plans to restore investor confidence by spending big on hiring more advisers and paying a retention bonus.
Best Practice | 15 Dec 17
Three categories added to personal portfolio bonds
Personal portfolio bonds (PPB) may become more attractive to investors as new regulations will allow additional property categories to be held within them.
PEOPLE MOVES: PwC, Generali and Old Mutual Wealth
PwC has announced a significant leadership change in its Channel Islands office, Generali has created a new senior position and an Old Mutual Wealth ex-employee has rejoined the company to lead its platform proposition.