standard life opens first middle east office
Standard Life has opened an office in Dubai, its first office in the Middle East.
Author: International Adviser
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lm promises capital distributions soon as
LM Investment Management has updated investors on the sale of assets within the LM First Mortgage Income Fund and said it will soon be ready to make capital distributions.
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banks share of indian insurance market growing
As they have tended to do in other emerging markets, banks have increased their share of the market for life insurance in India over the past six years, significantly reducing the business handled by individual insurance agents, representatives of Standard Life’s India joint venture insurance business told analysts and investors in London.
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gibraltar schemes multiply as island prepares
A steady stream of new QROPS have been launched out of Gibraltar since the jurisdiction passed “QROPS friendly” pension legislation earlier this year.
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natixis creates sri arm
Natixis Global Asset Management has created an investment division dedicated solely to responsible investing with the aim of offering investors solutions that create long-term value.
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a few early predictions for the autumn statement
With this year’s autumn statement just around the corner, Baker Tilly tax director Helen Relf takes us through what private clients (and their advisers) should be looking out for.
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spain may offer residency to foreigners who buy
The Spanish Government is considering granting residency to foreigners who buy homes in the country worth 160,000 or more, in an effort to jump-start its ailing residential property market.
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hmrc shuffles staff handling ldf disclosures
HM Revenue & Customs has shuffled its team of agents who handle Liechtenstein Disclosure Facility disclosures, to the frustration of some specialist tax experts who say they are now having to start from scratch in developing a working relationship with their counterparts at the Revenue.
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more than two thirds of ia readers against
Almost a quarter of International Adviser readers believe commission is the “crack cocaine” of the industry and should be banned across the world, according to a recent poll, although most would not want to see it banned.
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new us money transfer rules seen welcome
New US regulations governing the way US institutions send money abroad on behalf of individuals are being cautiously welcomed by advisers and currency trading experts outside the US. But some worry they could be too onerous, at least in the beginning.
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spdr launches em corporate bond etf
SPDR ETFs has launched an emerging market corporate bond fund listed in Germany and the UK.
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hmrc struggles to deal with tax avoidance
HM Revenue & Customs is currently investigating 41,000 cases of tax avoidance in the UK with an estimated £10.2bn at stake, according to a detailed report conducted by the National Audit Office, which said “there is little evidence HMRC is making progress in preventing the sale of highly contrived tax avoidance schemes”.