IMA adds offshore funds to its sector classification system
The Investment Management Association (IMA) has added offshore funds to its classification system
The Investment Management Association (IMA) has added offshore funds to its classification system
The Chancellor today confirmed severe penalties for those who fail to pay taxes on offshore gains.
The IMA is to include offshore funds in its sector classification system from 1 April
Prudential on Friday is launching a range of five actively-managed, risk-rated multi-asset fund-of-funds.
Royal London 360°, the offshore life arm of the Royal London Group, has added nine new funds to its Paragon international regular premium bond product. The additions follow a recent review by RL36
Prudential International has whipped the wraps off a new online function aimed at helping UK IFAs to understand and tailor offshore bonds to accommodate their individual clients’ needs.
The FSA has fined a Kent IFA £14,000 after more than 20 clients were ‘unsuitably’ advised to redeem offshore bonds and invest in new ones, netting nearly £100,000 commission for the firm.