rdr effect continued to knock offshore
Changes to the way offshore bonds are sold in the UK, brought about by the Retail Distribution Review (RDR), weighed on offshore bond sales last year, as they declined for the third year in a row.
Author: International Adviser
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now australia postpones rollback
Australia’s recently-elected Government has announced that it is to ''pause'' its plans to make changes to the former Labor Government's package of financial advice reforms, which have only just begun to take effect, amid growing opposition to the planned amendments.
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products or service what really matters
Given the near constant stream of new products, one would think that is what customers want. Not so says Peter Hobbs, former head of Generali International and a non-executive director at the deVere Group.
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preparing for a european renaissance
Continental Europe is facing a promising year ahead, according to some, and even the problems it still faces can be dealt with free of many of the crises that have enveloped it in recent years.
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what to watch out for when buying
In the second in this two-part series, Platinum Financial Services Harpreet Sajjan gives some pointers on what to look out for when choosing a structure note for a client.
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australia launches tax amnesty
Australia today has unveiled a new tax "amnesty" programme aimed at encouraging tax evaders with undeclared offshore assets to come in from the cold, with just a “heavily reduced penalty” to pay.
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old mutual agrees sale of skandia
Old Mutual has agreed terms to sell its German and Austria Skandia business units to a Cinven and Hannover Re acquisition vehicle for 220m.
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newly independent rl360 expands
RL360° the company formed at the end of last year by the private equity-backed management buyout of the Royal London 360° life business is expanding into South America and Qatar.
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possible budget threat to expat tax
Specialists who advise expatriates on their UK tax affairs have flagged up a possible threat to such expatriates’ personal allowances that was contained in Chancellor George Osborne’s Budget last week.
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rbs reprimanded by qatar regulatory authority
The Royal Bank of Scotland has been reprimanded by one of the main financial regulators in Qatar for failing to comply with training and competency requirements.
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standard life Investments buys Ignis for 390m
Standard Life Investments spots £50m of cost savings through Ignis purchase but areas for job cuts are not yet identified.
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Figures reveal huge scale of LM fund sales
A full year after LM Investment Management filed for administration in a Queensland Court, figures seen by International Adviser reveal how widespread the sale of its flagship Managed Performance Fund.