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De Vere Group acquires IFA Precision Group Asia

The de Vere Group has acquired Hong Kong based IFA firm Precision Group Asia for an undisclosed sum.

De Vere, says it expects demand for financial advice in the area will increase in the future.

De Vere Group founder and chief executive Nigel Green says: “We are delighted to add yet another respected organisation to our growing company portfolio.  We are committed to providing our global client base with trusted financial planning wherever they choose to live in the world.

“By purchasing Precision Group, we are able to offer both de Vere clients and prospective clients a better service.  We are committed to expanding our global reach and expect to make further announcements in the coming weeks.”



FCA delays review of fees overhaul

The Financial Conduct Authority has delayed a review of the way it calculates firms’ regulatory fees, which could see the current fee block model scrapped. In April, the regulator set out plans to explore alternative methods for allocating regulatory fees, including charging fees based on income or risk. It was set to issue a discussion […]


Campbell Macpherson: Are provider BDMs any use to you?

Which business development managers do you regard as trusted business advisers and which ones are simply target-carrying mouth-pieces for the provider’s marketing messages? How many BDMs understand what it is like to be an entrepreneurial business owner? How many genuinely understand your business model, priorities, aspirations and concerns? How many possess the business acumen and […]


Govt could extend LTC deferred payments scheme

The Government says it could change the Care Bill to ensure wealthier individuals can access the deferred payments system. Long-term care reforms came under fire last month after Society of Later Life Advisers president Lord David Lipsey said current proposals would still force many to sell homes to pay for care. Under the proposals, only those […]


Is Steve Webb pissing in the wind on ‘defined ambition’?

Following the Government’s announcement of plans to encourage employers to offer ‘defined ambition’ pensions to their staff, Money Marketing deputy head of news Tom Selby asks whether defined benefit pensions can be saved from extinction. “I’ve been pissing in the wind I chanced a foolish grin And dribbled on my chin Now the ground shifts […]

When is £1m not £1m?

Neil Jones is technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The residential nil-rate band (RNRB) was first announced in […]


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