Companies
Hansard’s Bahamas move branded ‘disappointing’
Senior figures in the Isle of Man life insurance sector have criticised Hansard’s decision to set up a company in the Bahamas, which the insurer admits was partly driven by the looming commission disclosure rules.
Invesco forges adviser links with Intelliflo deal
Invesco has entered a direct relationship with advisers with the purchase of back-office software provider Intelliflo for an undisclosed sum.
Advisers need to behave like fintechs
A European advice industry association is calling on advisers to push for the demolition of “absurd regulation” and to act like fintechs.
Advice firm on acquisition trail after private investment
International adviser Plurimi Wealth is planning for expansion, including acquisitions, following a cash injection from Toscafund Asset Management.
DeVere pays $8m to settle hidden Qrops commission case
DeVere USA has agreed to pay an $8m civil penalty stemming from its failure to disclose upfront commission of 7% to clients who were encouraged to transfer their UK pensions via a Qrops, the US regulator has announced.