Maseco fills UK market gap for French expats
Wealth management services are now being offered to French expats as part of Maseco’s efforts to fill “a gap in the market”.
Author: PA Adviser
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FATCA leads 75 of US expats to
Nearly three quarters of American expats are considering the renouncement of their citizenship following Julys introduction of the absurd Foreign Account Tax Compliance Act (FATCA).
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WisdomTree launches Europes first dividend ETFs
In an effort to further capitalise on the growing demand for smart beta exposure, ETF provider WisdomTree has listed four dividend-weighted ETFs on the London Stock Exchange.
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JTC expands in Switzerland with two appointments
JTC Group has made two additions to its Swiss team as it works towards expanding its global network.
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Axa Wealth Int’l sees sales increase 14%
Sales increased by 14% during the third quarter for Axa Wealth International, despite “difficult market conditions”.
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SLI to close economically unviable China Fund
Standard Life Investments (SLI) is to close the Ignis China Fund, claiming it is not economically viable to continue the product at its current size.
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Credit Suisse returns from slow half year with
Credit Suisse has returned from a shaky, fine-hampered Q2 to report income before taxes far exceeding CHF 1bn in the third quarter.
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Holborn IFA faces ban and 290k fine in UK
An IFA who is currently employed by Holborn Assets in the UAE is facing a ban and £290,344 fine in the UK, after the FCA found he “recklessly” recommended high-risk investment products to clients.
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HMRC tax demands total 250m
HM Revenue & Customs has demanded £250m in disputed tax over its first two months of issuing the accelerated payment notices introduced in this years Finance Act.
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Manulife Singapore seals deal RHB Bank Singapore
RHB Bank Singapore is to sell insurance and retirement products from Manulife through its distribution network.
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EEA accused of deliberately
EEA has been accused of deliberately withholding information after an action group discovered its troubled EEA Life Settlements fund is unlikely to repay outstanding portfolios.
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UK failing to protect compromised finance sector
The UKs finance industry has been compromised in numerous ways by EU reforms, and has not done enough to protect its national interests, the Wealth Management Association (WMA) has said.