brewin blames outflows on switch
UK wealth management firm Brewin Dolphin saw outflows of £1.2bn in the nine months to 30 June, half of which it put down to the group’s change to a “transparent fee-based charging basis”.
Author: International Adviser
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fpis ian bentley set to join aes international
Ian Bentley is to join advisory firm AES International this week, having left Friends Provident International at the end of last month.
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caymans engulfed by expat tax debate
Long famous for and in some cases, sought out for its aversion to the idea of taxes of any kind, the Cayman Islands is engulfed by a debate over a new plan to tax foreigners living there.
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landg im plans first asia office
Legal & General Investment Management is reportedly in the final stages of opening an office in Hong Kong, its first in Asia.
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royal bank of canada takes full ownership
RBC Dexia has been bought outright by Royal Bank of Canada, which was already a 50% stakeholder, and is to be rebranded RBC Investment Services.
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hmrc to resist rosiip group action in high court
HM Revenue & Customs has said it is actively resisting a case being brought against it by a group of investors who made investments into a Singapore-based pension scheme and who the tax authority is now chasing for a 55% tax charge.
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interglobal hires to promote new pmi range
Safety Insurance, a part of UK-headquartered insurance company InterGlobal, has appointed Jamie Connell to lead a business development project for one of its brands in Thailand.
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standard life prepares retail international
Standard Life has unveiled changes to its Retail International Bond product to make it more compatible with the upcoming implementation of the Retail Distribution Review legislation.
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bvi updates company law in bid to keep ahead
The British Virgin Islands has amended its Business Companies Act in a bid to keep the jurisdictions corporate legislation up-to-date and attractive.
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french tax authority finally confirms trust
The French tax authorities have issued an eagerly awaited Tax Instruction confirming, for this year only, the deadlines by which trusts with French connections will need to file.
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us treasury publishes intergovernmental guidelines
The US Treasury Department has today published new rules offering governments two options for how their financial institutions will comply with the impending Foreign Account Tax Compliance Act.
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european investors turn on backs on equity
According to Morningstar’s latest fund flow research, European investors heavily sold out of equities in favour of fixed income funds during the second quarter of the year.