News
The international advice model is breaking " and many advisers are still pretending it isn't
1+ hour, 16+ min ago (689+ words) By International Adviser, 27 May 26 A clear divide is emerging between firms that are investing and those still operating on legacy models The international wealth advisory model is no longer just under pressure. It is changing in a fundamental way. However,…...
De Vere Group to open Canada office
17+ hour, 31+ min ago (236+ words) By Beth Brearley, 26 May 26 Part of the group's wider international expansion strategy The Financial Services Regulatory Authority of Ontario (FSRA) has granted regulatory approval for De Vere Group to launch an office in Canada. The financial advisory firm will establish…...
Industry experts warn Streeting's tax proposals "short sighted'
5+ day, 17+ hour ago (475+ words) By Beth Brearley, 21 May 26 The Labour leader contender is proposing to equalise CGT with income tax Tax experts have warned that Labour leader contender Wes Streeting's pledge to align capital gains tax with income tax could have unintended consequences. Former…...
Pop star Shakira acquitted in Spanish tax fraud case " International Adviser
1+ week, 1+ day ago (274+ words) By Beth Brearley, 18 May 26 The ruling relates to a dispute over the 2011 tax year Pop star Shakira has been acquitted of tax fraud by a Spanish court and is set to be refunded more than "55m in wrongly imposed fines by…...
Skybound Wealth launches enhanced app for clients
1+ week, 1+ day ago (435+ words) Skybound Wealth has launched an enhanced version of its app to further streamline clients" experience in managing their wealth. Powered by Skybound"s proprietary wealth-tech platform Plume, the updated Skybound Wealth app allows clients to complete onboarding, verify their identity,…...
People Moves: Brown Shipley, FCA, Maples Group
1+ week, 5+ day ago (468+ words) By Laura Purkess and Beth Brearley, 14 May 26 We round up the latest job updates in the industry every week Quintet Private Bank, parent of Brown Shipley, today announced the appointment of Otto Huber as group chief financial officer and a…...
What I learned from moving to Vietnam as an adviser
1+ week, 6+ day ago (869+ words) By Brian Spence, 13 May 26 Brian Spence, founding partner of HSP Consulting, shares his experience of leaving his UK advice business and moving to Vietnam, and what he learned in the process. I was born in Sunderland " a city that knows…...
Blevins Franks" Farrell: Why I left my IFA business behind and moved to the Algarve
2+ week, 18+ hour ago (459+ words) By Laura Purkess, 12 May 26 Sharon Farrell is now a partner with specialist expat advice firm Blevins Franks and says she enjoys the work/life balance on the Algarve Sharon Farrell ran her own UK independent advice firm for over 20 years....
Allspring hires head of international product
2+ week, 1+ day ago (199+ words) By Beth Brearley, 11 May 26 Allspring Global Investments has hired Sophie Freemantle as head of international product. Based in London, Freemantle will drive Allspring's international product strategy and oversee the evolution of the firm's product offering as it responds to client…...
Convicted money launderer handed extra prison time
2+ week, 1+ day ago (276+ words) Convicted money launderer Richard Faithfull has been sentenced to an additional 499 days in prison for failing to pay money owed under a Confiscation Order. Faithfull was jailed for five years and 10 months in 2021 after the FCA accused him of laundering…...