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DeVere Group

UK pension transfer risks rise for investors and advisers

Best Practice | 12 Apr 17

UK pension transfer risks rise for investors and advisers

The sharp increase in people transferring out of defined benefit (DB) pension schemes poses risks for investors and the industry, says Tom McPhail, head of policy at Hargreaves Lansdown. His warning comes as the UK’s pension transfer industry remains under close regulatory scrutiny.

Fintech

Companies | 10 Apr 17

DeVere Group launches new banking app deVere Vault

DeVere Group has launched a new banking app to coincide with its recently-unveiled plans for an investment bank on the offshore jurisdiction of Mauritius.

FCA stops pension transfers from 16 advice firms

Companies | 5 Apr 17

FCA stops pension transfers from 16 advice firms

Sixteen UK firms agreed to stop any activities related to pension transfers in the 12 months to January 2017, the Financial Conduct Authority has revealed.

DeVere’s Nigel Green to review Qrops unit in group restructure

Companies | 14 Mar 17

DeVere’s Nigel Green to review Qrops unit in group restructure

DeVere Group chief executive Nigel Green has launched a strategic review of the company’s business which will factor in the surprise Spring Budget announcement of a 25% overseas pension transfer charge on Qrops plans in some markets and particular circumstances.

DeVere Group to launch Mauritius investment bank

Companies | 6 Mar 17

DeVere Group to launch Mauritius investment bank

DeVere Group is to launch an investment bank on the offshore jurisdiction of Mauritius.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.