News
Noah aims to be China’s global private bank
Developing a global family office unit and offering discretionary mandates are part of Shanghai-based Noah’s strategy to become a global Chinese wealth manager, according to William Ma, co-chief investment officer in Hong Kong.
FCA bans adviser spouses for ‘calculated’ deception
The Financial Conduct Authority (FCA) has barred John Chiesa and Colette Chiesa, founders of an authorised IFA firm, from ever working in financial services for the “calculated way” they deceived creditors.
Best Practice | news 12 Oct 17
Expats in the firing-line on ‘revived dementia tax’
A “scaremongering” comment from a UK government minister to raid property to pay for long term care could have knock-on implications for expats post-Brexit.
‘Outdated’ EU directive will swamp advisers warns expert
International financial adviser Mazars has warned the ‘laudable’ intent of the incoming Insurance Distribution Directive (IDD) could be lost under the burden of regulation which is already out of date.
Investors step up European equity ETF buying
September saw renewed appetite for European equity exchange trade funds (ETFs) after flows had dropped in August, according to data from assert manager Blackrock. But it was another asset class that really stole the show.