Australias RDR reversal reversed
The Australian Senate has voted to disallow amendments which had loosened laws governing the financial advice process.
Author: International Adviser
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RBS fined 56m over IT failures
Regulators in the UK have fined Royal Bank of Scotland £56m for IT failures which meant customers of three of the groups banks were unable to access banking services.
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OMGI signs Lat Am distribution deal
Old Mutual Global Investors has entered into a distribution agreement with Uruguay headquartered Aiva, broadening its sales capability in the US offshore and Latin American markets.
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UK FATCA rules what resident non doms
International law firm Withers summarises the new reporting requirements for UK resident non-domiciliaries under the so-called “mini-FATCA”.
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Expats in UAE facing rising hidden
A recent study has highlighted some of the often overlooked hidden financial challenges for expatriates moving to the United Arab Emirates.
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Annuities if theyre no longer compulsory
Two things are on my mind. First, just how much I like the new One Direction single. Great work guys. Second, fairness for those approaching retirement.
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Have pension will travel
Expatriates looking for greater income freedom and estate-planning options for their UK pension savings will no longer need to transfer to a qualifying recognised overseas pension scheme (QROPS) and wait for 10 years. These freedoms will be available back home within six months without having to transfer overseas.
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hong kong confidential – business strategies
Companies must start preparing ahead of the 2015 Guidance Note on Underwriting regulaions in Hong Kong if they want to keep ahead of the competition, says David Halley, managing director of Capstone Financial (HK).
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FATCA is a fungus
Dalila Ver Elst, senior compliance officer at consultancy firm Maitland, looks at the effects of FATCA and the Common Reporting Standard on transparency around the globe.
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Platform view Deloitte
Tax changes for cross-border firms supplying services electronically could cause problems for less enlightened UK platforms, writes Daniel Lyons, tax partner at Deloitte.
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UAE advisers to form trade body
A group of leading Insurance Authority (IA) licensed advisers in the UAE are working to form an association, in light of the new regulatory regime due to come into force this month.
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Skandia defends position in UAE
Skandia International said it will continue to conduct business from the Dubai International Financial Centre, despite questions being raised about its regulatory position, following the announcement yesterday that Standard Life had decided to exit due to regulatory pressures”.