MiFID II will not be delayed according to Steven Maijoor of ESMA at the Futures Industry Association’s IDX Conference in London. In February 2016, the European Commission confirmed that MiFID II, initially scheduled to come into force in January 2017, would be delayed a year in order to “take account of the exceptional technical implementation […]
Archive | Must Read
MiFID II and the future
At the OpesFidelio conference in Prague earlier in May, there was a discussion about the effects of MiFID II. While some referred to it as a “game-changer”, much as the introduction of RDR in the UK proved to be, I referred to it as a “potential show-stopper” for many adviser firms and was quoted as […]
Are the UK’s CII Diplomas what you need when you are advising overseas?
The OpesFidelio Business Development Manager, Shane Wood, was one of the four invited guests on the Advisory Panel on Wednesday May 3rd, at the International Adviser Forum held in London at the Waldorf Hilton Hotel. There was a question proposed about qualifications, and the relevance of the the CII exams to advisers operating in the […]
OpesFidelio Prague Conference 2017
OpesFidelio are delighted to partner with Novia Global and its select Distribution partner, Up Capital, as the main sponsors of the 2017 OpesFidelio conference in Prague. Andrew Back will be presenting Novia Global comprehensive solutions and participating throughout the day and evening in the conference. Andrew has written, “OpesFidelio are a highly admired financial advice […]
Transparency – the new buzzword in offshore finance
Transparency, as a description of advice delivery, is being used more and more by firms involved in financial advice. However, what does transparency mean? While we have been banging on about transparency for years (since 2008), is our interpretation different from others? Transparency – Definition According to UK regulators, transparency should : 1. Improve the […]
New QROPS Adviser Best Practice
This article was originally published in International Adviser in March 2017. Many advisers woke up last Thursday morning (9th March 2017) aware that their pipeline business, and thereby possibly a big chunk of their living, had just been vastly reduced. Last week’s Spring Budget nailed QROPS but actually heralded an opportunity for quality advisers, as […]
Feedback on the QROPS 25% tax shock announcement
James Pearcy-Caldwell, CEO of the Aisa Group that includes the OpesFidelio network, made these comments to International Adviser in reaction to last week’s shock announcement from the Chancellor that there would be the imposition of a 25% tax on QROPS transfers under certain circumstances. http://www.international-adviser.com/gallery/1034708/industry-views-qrops-hammer-blow/page/2 There are though specific conditions under which the 25% tax […]
Offshore Adviser Qualifications
At OpesFidelio, we believe in the promotion of qualifications, and specifically “offshore” adviser qualifications for those working internationally. For an IFA that is looking to get started on the qualification ladder and who wants credible offshore adviser qualifications then there are two institutes to choose from that offer a great start. All journeys begin with […]
10 Reasons to Use a QROPS
Those nice guys at Tailor Made Pensions have written an excellent sequence of articles, that definitively detail the facts and myths around the advantages – or not – of QROPS (Qualifying Recognised Overseas Pension Schemes). Obviously there is a massive amount of marketing being thrust at expatriates globally, from both QROPS companies offering these schemes […]
Aisa International opens branch in South Africa
South Africa Financial Advisers Cross-border financial planning firm Aisa International has expanded into South Africa after being granted a licence by the country’s financial services regulator as South African financial advisers. The South African Financial Services Board ( FSB) approved the investment licence number 47638 for Aisa International (Pty) Ltd on 6th December, 2016. Aisa […]
