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BUSINESSTODAY 10 October 2019

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10.10.19 2 DEVERE Investment, part of the deVere Group, is launching their latest savings app called Catalyst. Catalyst is a modern investment product that helps build a di- versified, low-cost & long-term portfolio. What makes deVere Catalyst unique, is that there is no term period linked to this app. You can invest or withdraw funds whenever you want 24/7. Funds can be deposited into the app whenever you have spare cash, and you can start your savings journey even if you do not com- mit to regular monthly contributions. It is simple and easy to use and offers a real time dashboard where the perfor- mance of your investment can be viewed, and you can make purchases and with- drawals anytime. ere are 5 investment risk levels to choose from, and there is a handy wealth calculator where you can see projections of what your savings plan could be worth over a certain time period. Another cut- ting-edge feature is that the deVere Cat- alyst app is compatible and connective with other deVere apps. Saving shouldn't be complicated, so our experts have taken care of all the boring stuff for you. deVere investment saw a niche in the market for a savings app that offers ex- posure to world class globally diversified funds at reduced fees. is allows the everyday individual on the street to invest in well balanced and diversified funds at a fraction of the price. e funds available on this app are the actively managed dVAM funds. dVAM funds were created exclusively for the de- Vere Group dVAM investment platform and are actively managed by internation- al asset management firms such as GAM investment Management, Guinness As- set management Ltd and Fulcrum Asset management. The catalyst for the creation of an awesome financial future FROM PAGE 1 e advertising regulator said the complainant had searched: "How to unsubscribe from all gambling", only for an advert for a Casumo app to appear. e advert, in the paid-for list- ings that appear above organi- cally-generated search results, was headed: "Welcome bonus to new players Casumo 100% and 20 free spins", and also invited people to "create an account & play now!" Casumo told the ASA it had sys- tems in place to stop its adverts appearing when certain search terms were used, to avoid fuelling problem gambling. But the company said it had not included "unsubscribe" within those terms because it felt it was associated with customers want- ing to be removed from mailing lists or marketing, rather than trying to block themselves from gambling. Gambling companies are re- quired to assist problem gam- blers in excluding themselves from betting activity. An industry-wide tool, called GamStop, designed to enable addicts to bar themselves from all gambling sites at a stroke, has been beset by problems and is yet to be approved by the UK's Gam- bling Commission. Casumo, which removed the ad at the ASA's request, told the reg- ulator that it could not anticipate every variation of Google search terms to ensure consumers were not shown its adverts. e ASA said: "We acknowl- edged that, on receipt of the com- plaint, Casumo had immediately taken action to address where their ads were served. "However, because we consid- ered there was a strong possi- bility that vulnerable consumers seeking to prevent exposure to gambling ads and access to gam- bling websites might have been served a gambling ad following a search for "how to unsubscribe from all gambling", we concluded that the ad had not been respon- sibly targeted." Casumo was one of three online casino firms forced by the Gam- bling Commission to pay £14m in penalties last year, over failings in systems designed to prevent money laundering and protect problem gamblers. It was also accused earlier this year of ignoring a gambling ad- dict's "obvious" signs of addic- tion, as she blew £125,000 while receiving inducements to bet. BURMARRAD Group has announced the ap- pointment of Sharon Camilleri as its new Chief Executive Officer. e appointment took effect yesterday. In a statement, Burmarrad Group said Camilleri was recognised by her colleagues for her dedica- tion to improving the Group over the years, focus- ing her energies not only on the group's portfolio of clients but also as a workplace. "Her assistance and leadership style helped de- velop the business to be the market leader that it is today; and with this in mind, the directors and managers at Burmarrad Group is excited to see the direction Sharon will be taking the company as its new CEO," the Group said. Prior to her appointment to CEO, Camilleri held the position of executive director at the family-run firm. From a very young age, she has been highly in- volved with the operations and management of Burmarrad Group, founded by her father Mario Gauci back in 1984. Camilleri joined the family business in 1994 as an administration and sales executive, moving up to executive director for the sales, purchasing and leasing departments. She is now responsible for driving the strategic growth and development of the group across all business sectors. Burmarrad Group specialises in leasing, rentals, sales and servicing for all types of vehicles. ey are approved repairers for Peugeot and Citroen as well as official distributors and service partners for Carrier Transicold, Chereau bodies, Dhollandia Tail – Lifts, Pegaso Lifts and Piaggio Commercial Vehicles. e company is ISO9001:2015 certified since 2008 and employs over 65 personnel. New CEO for Burmarrad Group Sharon Camilleri Casumo advert found to not having been 'responsibly targeted' New low-cost savings app offers globally diversified funds

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