News
Old Mutual Wealth resumes TVAS report service with £150 charge
Old Mutual Wealth (OMW) is relaunching it transfer value analysis service (Tvas), a month after it was suspended following changes to the UK regulator’s rules concerning pension transfers.
Ex-Credit Suisse banker banned for hiding beneficial owners
The Monetary Authority of Singapore (Mas) has banned a former Credit Suisse banker for deliberately concealing the identity of the true beneficial owners of three bank accounts.
Australian banking giant to exit wealth management
National Australia Bank (NAB) is to exit its advice, platform, superannuation and asset management business by the end of 2019, according to the bank’s financial results.
Advisers look for certainty as pension transfer flux continues
As the Financial Conduct Authority (FCA) finalises its policy paper on defined benefit (DB) pension transfers, experts hope it will bring some certainty to an industry that has been in a constant state of flux since 2015.
Billionaire financial planning boss reveals dementia diagnosis
The founder and chairman of South Africa’s PSG Group has announced that he was recently diagnosed with an early form of dementia.