United Arab Emirates wealth manager AHR Private Wealth is to take over London-based AXG Group which offers financial advice and Financial Planning services mainly to expats.

The FCA has issued a warning about a ‘Financial Planning’ and wealth advisory firm it believes is based overseas but providing financial services or products in the UK without authorisation.

Membership of the CISI, the professional body for UK-based Certified Financial Planners, has risen by 18% in the UAE as more local professionals seek internationally-recognised qualifications.

Around 350,000 UK expats living in the Gulf have been warned they could be breaking the Lifetime Allowance (LTA) limit for pensions tax relief.