uk offshore bond sales miss targets
As the UK life insurance industry heads into the final weeks of 2011, it is clear that it is unlikely to end up being quite the bumper year for offshore bond sales to onshore clients that some had forecast.
As the UK life insurance industry heads into the final weeks of 2011, it is clear that it is unlikely to end up being quite the bumper year for offshore bond sales to onshore clients that some had forecast.
Coutts has appointed Amir Sadr as its head of the UAE market and private office in the Middle East.
The FSA has issued a warning against traded life policy investments, saying they should not be promoted to UK retail investors because they are unsuitable for the bulk of them.
Europe has the best places in the world for expats to live and work, with Vienna coming top in an annual survey of 221 cities published today.
Canada Life is increasing its support for professional advisers with the launch of its ican microsite, which offers access to information on taxation, trusts, estate planning and pensions.
The mutual funds universe in Europe has shrunk by 390 funds since the start of the year, according to a Lipper Research Report.
Advisers and those of their clients who consider themselves non-resident in the UK for tax purposes are looking forward to knowing, within the next week, the details of the Governments first comprehensive legal definition of residency.
Cypruss beleaguered residential housing market has been dealt a fresh blow, as would-be house-buyers on the Mediterranean island have begun postponing purchases in hopes of benefiting from a reduced tax, according to a report in the online Cyprus Property News.
Paris-based fixed income specialist Tikehau Investment Management has launched a dated bond fund, TK Rendement 2016, with a target annual return of 7% to maturity.
The Irish Funds Industry Association is to open representative offices throughout Asia, beginning with Singapore and Japan.
Cross-border life company Royal London 360° has joined forces with UK wealth platform True Potential to provide an offshore bond for investors.
In the wake of the banking crisis and the collapse of Kaupthing Singer & Friedlander, the Isle of Man is experiencing a change in fortunes brought about by its courting of emerging markets and the rise of QROPS. Cherry Reynard reports.