Companies
UK and US firms merge to create $24bn global wealth manager
Deal will expand the combined company’s geographic footprint across Europe and the States
UAE to allow 100% ownership of business for foreign nationals
This will create an ‘unprecedented explosion’ of direct investment in the country, says DeVere CEO
UK life insurer eyes sale of European business
It has received ‘interest from third parties’ and is looking at its options
Advice network snapped up out of administration by rival firm
It was forced to fold due to ‘continued weakness in investment markets’ and ‘ever-mounting’ PI costs
Pension firm rolls out adviser portal for Sipp market
Further developments ‘expected to be released in early 2021’