Industry
Strategic Wealth UK ordered by FCA to cease pensions business
Strategic Wealth UK Ltd, a Wales-based IFA which partners with offshore advisers in Gibraltar to provide Qrops and Qnups services, has been ordered by the Financial Conduct Authority to immediately cease all pension related business.
Tilney’s ‘landmark’ acquisitions sees assets surge by 138%
Tilney Group ended 2016 with more than twice as many advisers and assets under management of £22.4bn ($28.9bn, €25.6bn) after acquiring wealth manager Towry and UK-based Ingenious Asset Management.
Best Practice | 6 Jun 17
Zurich to support UAE advisers adapt to regulatory changes
Zurich has launched a programme to help financial advisers and intermediaries in the UAE prepare for and implement the upcoming regulatory changes to the country’s life insurance industry.
Waverton targets US expats with manager portfolio service
Discretionary asset manager Waverton Investment Management has launched a global equity/bond model portfolio service aimed at US expat clients.
Middle East | 6 Jun 17
IoM and UAE regulators ‘in talks’ over life sector overhaul
The Isle of Man Financial Services Authority (IoMFSA) has met with the UAE Insurance Authority to compare notes on pivotal life sector reforms due to be introduced in their respective jurisdictions.