hmrc closes advisers 24m tax avoidance
HM Revenue & Customs has won a Tribunal to close down a tax avoidance scheme which had sought to cheat the public purse of £2.4m through the use of Employee Benefit Trusts.
Author: International Adviser
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harlequin investor group issues
A group of investors in off-plan luxury properties being developed by an embattled UK-based property company has put together an “outline” for what it calls an investor-based offer for the company’s assets.
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Credit Suisse fined HK$16m by SFC
Credit Suisse Securities has been fined more than HK$1.6m by the Securities and Futures Commission in Hong Kong.
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death bonds a win win product
Controversial traded life policy investments (TLPIs) could have provided investors with an average expected return of 12.5% per annum, while Americans selling them have collectively received more than four times the amount they would have from their life insurance companies.
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skandias johnson to leave post
Chris Johnson, Middle East area manager for Skandia International, has decided to leave the company.
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dubai carbon credit firm accused of being
Advanced Global Trading, a Dubai-based company selling voluntary carbon credits to retail investors, has been accused of being either a boiler room scam or Ponzi scheme by a website which writes about emissions and deforestation.
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asia and middle east links fuel cross border
Strengthening ties between Asia and the Middle East, particularly within the Islamic finance sector, have been highlighted in a speech by one of Singapore’s senior politicians.
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old mutual global investors targets
Old Mutual Global Investors has appointed Kirk Hotte as European sales director based in its London office.
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gibraltar unveils corporate governance code
The Gibraltar Funds & Investments Association has introduced a code of conduct for fund managers with investment schemes in the jurisdiction.
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europe beats us for fund sales in 2012
The European mutual fund industry attracted 212.2bn in 2012, significantly more than the 175.1bn of inflows into US mutual funds despite the relatively smaller size of the two markets.
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the sexiest funds of the latin american market
Independent fund research expert Morningstar OBSR has compiled a list of some of the best funds operating in the Latin American market.
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growing gcc wealth sees influx of private banks
The increased wealth of those living in the Gulf Cooperation Council countries, particularly Qatar and the UAE, is drawing in private banks from around the world, according to early findings from an ongoing study.