Companies
Best Practice | 11 Dec 17
Brits struggle to understand pension freedoms
Nearly half of the UK’s upcoming retirees are unsure of how to access their pensions and are worried that what they have saved will not last their retirement, according to research by Old Mutual Wealth.
Investec expects profit hit from S. African retail investment
Investec has moved to reassure investors that its exposure to the Steinhoff Group of companies will result in a maximum potential loss of around 3% of group post-tax operating profit after the South African retailer was accused of accounting irregularities.
Convoy chairman arrested at airport
The chairman of embattled IFA firm Convoy Financial has reportedly been arrested at Hong Kong airport by the region’s Independent Commission Against Corruption (ICAC), just days after three other senior executives were taken into custody on charges relating to corruption.
Mike Coady to depart Guardian Wealth Management
Guardian’s chief commercial officer Mike Coady will be officially leaving the company in January 2018, the firm has announced.
PEOPLE MOVES: St James’s Place, 7IM, Deutsche Bank
St James’s Place appoints senior adviser in Asia, 7IM sacks its chief investment officer and Deutsche Bank adds two wealth management teams for Asia push.