Dubai adviser convicted in landmark criminal case
A financial adviser from the UK has been convicted of running a business in Dubai without a licence, in what is understood to be the first conviction of its kind in the UAE.
What the raids on Convoy Global mean for Hong Kong’s advisers
Raids by Hong Kong’s anti-corruption commission have forced one of the special administrative region’s biggest financial advice firms into the harsh glare of media and public scrutiny.
Best Practice | 29 Jan 18
Aegon publicly slammed by PensionBee chief exec
Aegon’s “arduous” pension transfer process is creating barriers to stop customers transferring out and risks them becoming immune to red flags and falling victim to scams, the chief executive of PensionBee wrote in an open letter to her Aegon counterpart.
Best Practice | 29 Jan 18
Petition to scrap 25% Qrops charge launched
A petition has been set up to get the UK Government to scrap the “unfair” and “discriminatory” 25% charge on qualifying recognised overseas pension scheme (Qrops) transfers.
Alternatives | 29 Jan 18
Massive cryptocurrency hack spooks investors
One of Japan’s biggest cryptocurrency exchanges was hacked and around JPY58bn (£377m, $534, €429m) of virtual currency NEM stolen, prompting a fall in its value of 11% over a 24-hour period, it was revealed on Friday.