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Kingswood Financial Advisors to pay out for 22 Harlequin complaints

By: Pedro Goncalves | 02 Aug 2018

The Financial Ombudsman Service has upheld 22 complaints against Glamorgan-based Kingswood Financial Advisors regarding the failed unregulated investment scheme Harlequin. Harlequin took £400m of mostly pension investor’s…

Tribunal upholds Harlequin adviser ban but slashes fine

By: Pedro Goncalves | 02 Aug 2018

The UK’s financial watchdog’s decision to ban former Tailormade chief executive Alistair Burns for a “fundamental lack of competence” relating to overseas investment projects – including the doomed Harlequin…

Advisers could earn £1,755 ‘introducer fees’ with Just Group service

By: Pedro Goncalves | 23 Jul 2018

Just Group has launched a referral service that allows advisers to earn up to £1,755 in ‘introducer fees’ for referring clients onto another adviser if they are…

UK adviser told to pay £150k over Harlequin offshore pension transfer

By: Gary Robinson | 23 Jul 2018

A UK-based financial advice group has been told that it must pay £150,000 for arranging a pension transfer so a client could invest in an offshore investment into…

ING Australia shuts door to expat buyers

By: Gary Robinson | 18 Jun 2018

ING Australia has admitted that it is stopping lending to expatriate Australians needing finance to buy property in their home country. It is the second major international…

Mauritius is the new property ‘hot spot’ for foreign investors

By: Christopher Copper-Ind | 07 Jun 2018

A recent relaxation of the rules governing Mauritian property and residency has seen a dramatic surge in the number of foreigners investing in the Indian Ocean island.…

UK expats squander an average £40k on B2L costs: research

By: Gary Robinson | 31 May 2018

UK expats acquiring buy-to-let property back home are often wasting £40,000 on unnecessary transaction costs, exchange and loan rates across the first five years of the loan,…

UAE reforms intensify Gulf rivalry, herald ‘new dawn’ for economy

By: Christopher Copper-Ind | 24 May 2018

The United Arab Emirates’ decision this week to allow foreigners to fully own their businesses in Dubai or Abu Dhabi, and no longer require local partners, has…

IMF report expresses doubt NZ’s foreign home buyers ban strategy would work

By: Helen Burggraf | 18 Apr 2018

An International Monetary Fund staff report has expressed doubt that New Zealand’s much-debated ban on the sale of certain homes to “non-residents” would have “a significant impact…

Hastings rebrands int’l business as Vantage Infrastructure

By: Helen Burggraf | 10 Apr 2018

Hastings Funds Management, recently acquired by London-based Northill Capital LLP, is rebranding its international business as Vantage Infrastructure, as of today.  The entity now known as Vantage…

Crestbridge acquires UK-based real estate biz Kingfisher Property

By: Helen Burggraf | 15 Mar 2018

Crestbridge Group, the Jersey-based independent trust, fund and corporate services provider, has acquired Kingfisher Property, a privately-held London-based real estate funds and financing business that currently provides regulatory…

Rosemont opens office in Malta

By: Helen Burggraf | 08 Mar 2018

Rosemont International, a multi-family office and high-end corporate services provider based in Monaco, has opened an office in Sliema, Malta, where it says it will offer a…

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