Quilter Cheviot
People Moves | 22 Aug 17
PEOPLE MOVES: Standard Life Aberdeen, Aviva Investors, HSBC
Investment giant Standard Life Aberdeen has hired a director for its onshore China business, while HSBC Private Banking has appointed a head of funds and Etfs and Aviva Investors has added a head of multi-asset products.
People Moves | 15 Aug 17
PEOPLE MOVES: Quilter Cheviot, CBA, Stonehage Fleming
Australia’s largest bank is to lose its chief executive at the end of the next fiscal year, stirring speculation the move might be linked to a money laundering scandal. While, Quilter Cheviot promotes the deputy head of its Birmingham office to the branch’s top spot.
Best Practice | 7 Aug 17
Couple win fight against wealth firm over £200k fund transfers
The UK’s Financial Ombudsman Service has upheld a complaint about the unsuitable transfer of investments worth around £200,000 ($260,869, €221,431) made against Attivo Financial Services.
PEOPLE MOVES: White House, Legal & General, DIFC
Political firework Anthony “the Mooch” Scaramucci may return to the investment world after being fired as White House communications director. Legal & General Insurance has created a managing director role focusing on fintech, while a former deputy chief justice of the DIFC court has died.
Offshore Bonds | 11 Jul 17
OMI to offer DFM-run offshore bond for UK expats in Middle East
Life insurer Old Mutual International has launched an offshore bond aimed at British expats in the Middle East and Africa which can help them return to the UK without incurring the “deemed gain” tax charge on their overseas investments.