Industry
UAE financial adviser consolidation gathering pace
Smaller companies may need to merge to stay in the business
US expat advice firm partners with Praemium
Solution means advisers can offer a product that avoids some problems caused by non-US investments
Australian bank exits financial advice
The move reflects a ‘trend by advisers to operate independently’
Ex-IFA jailed for stealing £50k from disabled woman in her 80s
‘She trusted her adviser to act in her best interests, but he betrayed that trust and confidence’
Trinidad-based group splashes out $198m on Cayman wealth firm
It is also in the process of acquiring nine Caribbean operations of Canadian bank ScotiaBank

