South Africa
SA advisers anticipate ‘strong’ QROPS interest
South African financial advisers who offer transfers into Qualifying Recognised Overseas Pension Schemes
(QROPS) are expecting strong interest from clients in the coming year, according to a recent survey.
SA advisers call for more regulatory effort, divided on RDR
Nearly all South African independent financial advisers would welcome more efforts by the country’s regulator to police unregulated schemes and products, but plans for a UK-style Retail Distribution Review have received a mixed reception, according to a new survey.
Brooks Macdonald Int’l enters South African advice market
Brooks Macdonald International (BMI) has been granted a license to provide advisory and intermediary services in South Africa.
Ex-director extradited to UK after £3.5m fraud
A former UK company director who produced false documents designed to deceive creditors into financing his firm is facing extradition and a prison sentence after he fled to South Africa.
Old Mutual Int’l posts solid start to 2015
Old Mutual International, which rebranded from Skandia International last December, has reported a strong pick up in business for the first quarter of 2015.