Italy to introduce unique tax
Italy is to introduce a remarkable voluntary disclosure programme with the aim of urging taxpayers to declare foreign undisclosed assets and funds.
Author: PA Adviser
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Traditional banking dying out among expats
Face to face methods of banking are “dying out” as British expats make increasing use of online services for their financial needs, said Spectrum IFA’s Michael Lodhi following a report from NatWest International.
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Artemis final two US equity funds set to launch
Artemis is to launch two new US equity funds on Monday, completing the five fund US range the firm has been planning since Cormac Weldon and Stephen Moore joined the firm in April.
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World leading Asia to surpass North Americas
Asia-Pacific is set to become the region with the largest number of high net worth individuals (HNWIs) and highest wealth growth by the end of 2015, after recording world leading growth in 2013.
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Pioneer fund manager interview
Recent government policies in Japan and Korea are creating potential dividend yield opportunities, according to Piergaetano Iaccarino, senior vice president, Pioneer Investments.
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Expats online banking essential Natwest IPB
British expatriates are making greater use of online and telephone banking, according to a fresh report from NatWest International Person Banking (IPB).
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Stanhope Capital pursues Swiss expansion
Stanhope Capital’s advisory board has announced a new addition to the team alongside the opening of the firm’s new larger office in Geneva.
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Axa IM launches HY US bond fund
Axa Investment Managers has announced the launch of the Axa WF US Dynamic High Yield Bonds fund, managed by Carl Whitbeck.
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Thousands of Standard Chartered UAE accounts
Small and medium enterprise customers in the UAE have been told by Standard Chartered that their accounts are in the process of being closed.
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Guernsey Finance appoints new chief executive
Guernsey Finance has announced a new chief executive to replace Fiona Le Poidevin when she leaves the organisation early next year.
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UK tax gap widens to £34bn
The tax gap has increased to £34bn in the past year according to the latest figure from HM Revenue and Customs, but Baker Tilly’s George Bull has said that HMRC are nonetheless “winning the battle” against tax avoidance.
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Old Mutual Wealth buys Quilter Cheviot for 585m
In an effort to bulk up its offering to high net worth clients, Old Mutual Wealth has agreed to buy discretionary manager Quilter Cheviot for £585m.