Customers of failed Sipp investor paid out
The UK’s Pension lifeboat scheme has made its first compensation payments, totalling £5.7m (€6.4m, $7.6m), to customers of the failed discretionary fund manager Strand Capital.
SJP chair steps down
St James’s Place (SJP) has announced its chair and director of the company Sarah Bates is retiring and will be replaced by a senior independent director, as the company implements its updated succession plan.
Pension transfer boom over says Lang Cat
The UK’s pension transfer boom could be over, according to research released by financial services consultancy firm The Lang Cat.
Sweeping changes announced to UAE visa system
United Arab Emirates (UAE) lawmakers have approved a long-term visa for international investors and talented professionals and are set to introduce a law that will allow foreigners to own companies outright in the Gulf state.
Carrick Wealth names Botswana head
Financial adviser firm Carrick Wealth has appointed one of its own to lead its Botswana operation, with a remit to ensure the firm maintains and grows its strong presence in the nation.