HMRC says 50c review near end, suggests positive result: IoM group
HMRC has told the IoM’s Association of Pension Scheme Providers that its 50c review is near an end.
Industry
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Financial intermediation is second largest contributor to Bermudan economy
Bermudas financial intermediation sector generated $684.3m in 2010, according to Bermuda government
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Avivas Dubai-based retail head leaves
Avivas head of retail in the Middle East has left the company.
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InterGlobal names new business development manager
Private medical insurer InterGlobal has appointed Linda Connett as new business development manager.
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Isle of Man appoints new investment managers
Seven investment managers have been appointed to manage the IoM’s externally invested reserves
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SEB: High yield corporate bonds to benefit from economic upturn
High yield segment of corporate bonds has attractive prospects for investors, says SEB
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HMRC said close to completing review of IoMs 50c
HMRC is said to be close to completing its review of the Isle of Mans new 50c pension legislation
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Friends Life’s Trevor Matthews to go to Aviva
Friends Life vice chairman Trevor Matthews has been named ceo of Avivas UK operation, Aviva said.
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Lipper: rate of new fund launches is at a five-year low
Lipper says the number of mutual fund launches in Europe reached a five-year low in 2010.
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HK regulator publishes ‘explanation’ of adviser regs
Hong Kong’s SFC today unveiled two papers explaining how it regulates and supervises intermediaries.
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Advisers should ‘sell, sell, sell’
IFAs need to sell more to ensure people don’t reach retirement penniless,says Holborn’s Bob Parker.
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Switzerland falls short of intl tax standards
Switzerland falls short of international transparency standards, says Global Forum