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ANALYSIS: Don’t dismiss Carney’s bomb-disposal qualifications

Investment | 31 Oct 16

ANALYSIS: Don’t dismiss Carney’s bomb-disposal qualifications

South African finance minister excepted (and perhaps, England football manager), there are few harder jobs right now than the role of governor of the Bank of England.

Pound volatility sees UK pension holders seeking more advice

Best Practice | 31 Oct 16

Pound volatility sees UK pension holders seeking more advice

The volatility of the pound has seen a significant uptick in people seeking advice on moving British pensions abroad, which could see hundreds of millions of pounds driven overseas, says deVere Group chief executive Nigel Green.

US releases first set of guidelines for adviser reforms

Best Practice | 31 Oct 16

US releases first set of guidelines for adviser reforms

The US Department of Labor has issued its first set of guidelines on the fiduciary rule, set to go live in April, which will require specialist retirement advisers to put their client’s interests first.

Africa | 31 Oct 16

Mauritius suspends Belvedere unit’s fund management licence

Belvedere Fund Manager Ltd, part of the troubled Mauritius-based fund house Belvedere Management Group (Belvedere), has had its licence to operate collective investment schemes (CIS) suspended by the Indian Ocean island nation.

Ex-BSI wealth planner’s 1MBD trial starts in Singapore

Asia | 31 Oct 16

Ex-BSI wealth planner’s 1MBD trial starts in Singapore

A former BSI Bank wealth planner went on trial in Singapore on Monday for attempting to pervert the course of justice as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.

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