Companies
Australian banking giant to exit wealth management
National Australia Bank (NAB) is to exit its advice, platform, superannuation and asset management business by the end of 2019, according to the bank’s financial results.
Billionaire financial planning boss reveals dementia diagnosis
The founder and chairman of South Africa’s PSG Group has announced that he was recently diagnosed with an early form of dementia.
Ex-Franklin Templeton pair named partners in Mobius launch
Mark Mobius has formally confirmed former Franklin Templeton colleagues Carlos Hardenberg and Greg Konieczny as founding partners in his eponymous boutique firm, as details of the planned emerging and frontier markets fund are revealed.
What the Brexit transition means for advisers
UK and European IFA firms have said while the Brexit transition agreement offers “some degree of certainty”, it is important to remember it is not the complete solution and they must still operate with an element of caution.
UK ‘shatters’ tax secrecy of offshore territories
The tax secrecy practices of Britain’s Overseas Territories have been “shattered” by the UK Government, which in a dramatic turn of events, put its support behind an amendment that will introduce public ownership registers.