Industry
Rise of platforms in int’l markets inevitable, says Novia CEO
Efforts in the UAE to postpone regulatory change are just putting off the inevitable and opening the door further for platforms to disrupt international markets, according to Novia Global chief executive, Bill Vasilieff.
Retirement | 24 Jan 17
Pension scammers are getting smarter, FCA warns advisers
The UK’s Financial Conduct Authority (FCA) has warned financial advisers, DFMs and pension scheme operators that scammers are becoming increasingly sophisticated in developing products to defeat due diligence efforts.
deVere Group ‘under attack’ in S Africa, says CEO Green
deVere Group founder and chief executive Nigel Green has said that his financial advisory firm is “under attack in South Africa” following a series of alarming events aimed at discrediting the group.
PEOPLE MOVES: BlackRock, Pimco, Manulife AM
BlackRock has hired former chancellor George Osborne for a part-time role. Pimco has named a head of Asia Pacific and head of US global wealth management, while Manulife Asset Management has appointed a chief executive for Thailand.
Retirement | 24 Jan 17
UK regulator fires warning shot at pension transfer firms
The Financial Conduct Authority (FCA) has issued a stark warning to firms advising on domestic and international pension transfers after reports that some clients are being scammed or their funds transferred into unsuitable investments.