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News

Convoy goes after ex-directors for stealing HK$4bn

Asia | news 19 Dec 17

Convoy goes after ex-directors for stealing HK$4bn

Troubled Hong Kong financial advice firm Convoy Global is suing 28 people for more than HK$4bn, including former chairman Quincy Wong Lee-Man and former director Roy Cho Kwai-chee who is believed to have fled the country.

Alternatives | news 19 Dec 17

How 2017 was a record breaker for investment trusts

Secondary fundraising within investment trusts hit an all-time high of £6bn in 2017, up £1bn on last year, according to research from the Association of Investment Companies.

Praemium funds hit A$7.8bn despite tough market

Asia | news 19 Dec 17

Advisers at 5-year low among Aussie rich

Nervous Australian millionaires are increasingly turning their backs on financial advisers and hanging onto excess cash, according to a new study.

Industry | news 18 Dec 17

Appleby sues Guardian and the BBC over Paradise Papers

The law firm at the heart of the Paradise Papers hack is seeking damages and has demanded that UK newspaper the Guardian and the BBC hand over documents.

UK working pensioners to pay National Insurance?

Industry | news 18 Dec 17

Drop in pension auto-enrolment age worth £50,000

The UK’s Department for Work and Pensions has confirmed that the auto-enrolment age will be lowered to 18-years-old, a move that could see some savers £50,000 better off after 40 years.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.