News
United Kingdom | news 1 Oct 15
Hargreaves Lansdown abandons independent model
UK investment manager Hargreaves Lansdown has changed its financial advisory service to a restricted model and removed the minimum investment requirement.
FPI exits all markets bar Asia, ME and South Africa
Friends Provident International is abandoning all of its global operations, excluding Hong Kong, Singapore, Dubai, and the ‘permitted jurisdictions’ of South Africa and Qatar.
Zurich transfers Singapore adviser network to Nexus
Zurich Life Insurance (Singapore) has agreed to hand over all of its approximately 160 appointed financial advisers in the city state to Nexus Financial Services, part of the Middle East-based Nexus Group, in response to changes in the regulatory landscape.
People Moves | news 30 Sep 15
Former FPI chairman Van der Wielen becomes Lombard Int’l CEO
John Van Der Wielen, the former Friends Provident International executive chairman, has stepped in to become chief executive of Lombard International, the life insurance-based wealth management business aimed at high net worth and ultra-high net worth clients.
Investment | news 30 Sep 15
Finisterre hires ex-Axa boss for new EM debt strategy
A former Axa investment manager has joined Finisterre Capital to spearhead its newly-established emerging market debt strategy.