Africa
Lack of advice on inheritance transfer will erode wealth
North America’s rich to pass down trillions to next gen, with Europe expecting billions to be given
South African financial adviser arrested for fraud
He reportedly encouraged clients to put money into unregulated investments with ZAR100m potentially lost
Prudential completes African life insurer acquisition
Deal expands firm’s reach into Cameroon, Côte d’Ivoire and Togo
Wealth report glosses over South Africa’s growing wealth gap
It says average person has net assets worth $11,500 – but reality begs to differ
PEOPLE MOVES: River and Mercantile, IOOF, Stonehage Fleming
Changes at the top for the UK asset manager and Aussie financial adviser