Companies
£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
Independent advisers move up as Asia private banks retreat
The high minimum amount to open a private bank account is creating opportunities for small boutique wealth managers, according to Simon Parfitt, director at Hong Kong-based Pyrmont Wealth Management.
Commodities | 30 Jul 18
Failed Columna Fund investigator sets up task force
A Swiss-based private partnership created to help those who have suffered losses of assets and money from financial companies has launched a task force to recover money from the failed Columna Commodities Fund.
Rothschild set to close Singapore wealth management office
Rothschild & Company has said it remains committed to Asia, despite announcing the closure of its Singapore wealth management office.
Hansard’s Bahamas operation to service Latin America growth
Hansard Global’s recently announced Bahamas operation will be used to support its “rapidly growing” Latin American client base, according to the specialist long-term savings providers latest results.