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Companies | News 21 May 18

Two Malta trust directors banned for a year

Two directors of Malta trust company Confiance have been banned from financial services for multiple failings.

Retirement | News 21 May 18

Old Mutual sees 25% growth in DB pension transfers by 2028

Old Mutual Wealth is predicting defined benefit pension transfers will accelerate, with an estimated 25 to 30% of those eligible switching out of their schemes in the next 10 years.

Industry | News 18 May 18

PEOPLE MOVES: Woodbrook, AMP, Arlo Associates

Woodbrook Group hires an industry veteran to manage its Spain operations, AMP’s chief risk officer for its advice division resigns and Arlo Associates appoints a tech entrepreneur to chair its board.

Industry | News 18 May 18

EU tax haven blacklist to lose two more names

The much-maligned European Union tax haven blacklist is set to shrink to seven jurisdictions following the removal of the Bahamas and St Kitts & Nevis.

Analysis 18 May 18

The PI thorn in the side of DB pension transfer firms

Professional indemnity (PI) insurers are doing more than the Financial Conduct Authority to make the lives of IFAs providing defined benefit (DB) pension transfer advice difficult.

News 17 May 18

Isle of Man ‘constraints’ key to Hansard Bahamas move  

Hansard’s strategic move to set up a licenced company in the Bahamas was partly driven by the Isle of Man’s sweeping Conduct of Business Code rules which go live in January 2019, the London Stock Exchange-listed company chief executive Gordon Marr has revealed.

16 May 18

Embattled Aussie insurer AMP facing five lawsuits

AMP will have the dubious honour of becoming the first Australian firm to simultaneously face five class actions if three more law firms made good on plans to sue the embattled insurance company.

News 15 May 18

Requirement to correct rules not just for the super-rich

Middle income expats are in the firing line as the UK crackdown on offshore tax evasion and non-compliance continues to intensify, according to private client accountants Saffery Champness.

News 15 May 18

PEOPLE MOVES: Schroders, Intrinsic, RBC Wealth Management

Schroders has confirmed the departure of a long-standing director in the Middle East, while OId Mutual Wealth’s adviser network Intrinsic has appointed an operations director and RBC Wealth Management targets adviser relationships with its latest recruit.

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