Canada Life offshore bonds better priced
Canada Life’s offshore investment range is set to become more attractively priced relative to its onshore equivalent products in the detail of its post-RDR proposition revealed today.
Author: Mark Battersby
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Serious tax evasion cases take a surprising dip
The number of serious tax evasion cases identified by HM Revenue & Customs has fallen by almost a quarter in the past year, according to Pinsent Masons, the international law firm.
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nick clegg backtracks on top ten tax
Nick Clegg has said the better-off may have to pay more tax as part of future austerity measures but denied claims he wants to "soak" the rich, according to BBC reports.
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Axa launches critical illness plan
Axa Life Insurance Singapore today launched a new critical care health insurance plan which it claims offers “comprehensive coverage” at every stage of critical illness for the first time in the country.
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Isle of Man signs taxation agreements
The Isle of Man has signed a double taxation agreement with Singapore and a tax Information Exchange Agreement (TIEA) with the Republic of Turkey in quick succession on the same day in London.
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singapore regulator seeks greater powers
The Monetary Authority of Singapore is seeking greater powers over insurance companies based in the country in its latest consultation document on the Insurance Amendment Bill.
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sec golden new era for financial planning
In another move to raise the bar in financial planning, the Securities and Futures Commission chairman Eddy Fong has highlighted that the soon-to-be launched investor education centre will have a wide remit and how it signifies the “start of a new era in investor education for Hong Kong.”
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qib uk to launch first sukulinked note
London-based QIB UK, a subsidiary of Qatar Islamic Bank, plans to launch two structured products this month including a note linked to a sukuk, its head of asset management told Reuters.
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feifa votes in marriot as chairman
FEIFA has officially voted in Chris Marriott, founder and director of Geneva-based Blackden Financial, as its new chairman of the executive committee.
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carmignac gestion hires giorgio ventura
Giorgio Ventura has joined the sales team of Carmignac Gestion in a role to develop the firm’s relationships with financial institutions and intermediaries in Italy.
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vam expands south africa team
VAM Funds (VAM), the specialist Luxembourg-domiciled fund management firm, has appointed Mark Van Der Walt as regional sales manager, who will be based in Johannesburg.
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fatca agreement gives uk exemptions
UK registered pension schemes and tax-advantaged ISA savings products will be exempted from the new FATCA reporting requirements following a significant agreement signed by the US and the UK.