The type of trust most used in expat financial planning
Neil Jones, technical manager, Canada Life International highlights the type of trust most used in expat financial planning.
Neil Jones, technical manager, Canada Life International highlights the type of trust most used in expat financial planning.
Contrary to common perception, many wealth management firms in the UK are embracing the controversial Foreign Account Tax Compliance Act (FATCA) legislation, which began its implementation on 1 July, with some carving out a niche specifically advising orphaned American clients.
Nigel Green has compared FATCA to communism and said American expatriates are furious at being discriminated against by the US government.
Tax relocation specialist Bradley Hackford has published its 2014 rankings of 10 countries where it is "interesting to establish a physical and tax residence".
Long-term funds closed off a strong second quarter for Europes fund market, with inflows of 36.12bn throughout June, a month which also saw UK equity income funds achieve record sales.
James Tothill, former associate director of international partnerships at Henderson Global Investors, has joined ARIA Capital Management.
According to Deutsche Asset and Wealth Management, its range of core-ETFs has attracted over £475m this year.
Allianz Global Investors Europe chief executive James Dilworth has joined Deutsche Asset & Wealth Management (DeAWM) as head of active asset management.
The Gibraltar Government has recently enacted changes to its tax law to enable qualifying non UK pension schemes (QNUPS) to be established in Gibraltar. Lynette Chaudhary international tax manager at STM Fidecs, explores what a QNUPS is and what it means for Gibraltar.
Plans to disallow UK non-residents from benefiting from the personal allowance could mean those who work abroad for their companies are “significantly worse off”, according to top 20 accountancy firm Saffery Champness.
Aberdeen Asset Management was hit by £5.5bn net outflows in the three months up to 30 June, the company said in its nine month interim management statement.
Skandia International has appointed Matthew Firman as its new area manager for Africa.