South Africa

Africa | 17 Sep 15

Channel Island-based Brooks Macdonald International has won a mandate to manage half of a South African trust company’s offshore portfolios, less than four months after acquiring an intermediary licence.

Retirement | 2 Sep 15

International pensions administrator STM Group is looking to offer QROPS tailored for UK expats in Australia after HMRC scrapped thousands of schemes from its approved list in July.

Retirement | 1 Sep 15

An Australia-based overseas pension scheme has been added to HM Revenue & Customs’ approved list of qualified recognised overseas pension scheme (QROPS) after the body delisted thousands of schemes in July.

Companies | 24 Aug 15

Multi-national company JTC has completed its takeover of Kleinwort Benson’s fund administration business, which will bolster its operations in the Channel Islands and give it a permanent base in South Africa.

Companies | 3 Jul 15

JTC has acquired Kleinwort Benson’s fund administration business in South Africa and the Channel Islands, which it says will boost its global headcount by 40% to 450 people.