Coalition falls out over appointment of Philip Green
The appointment of Sir Philip Green as an unpaid adviser to the UK government is causing a rift.
Industry
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Coutts steps up Scandinavian presence
Coutts & Co. aims to step up its Scandinavian presence with the appointment Nathalie Ladrak-Malfeyt.
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Guernsey to introduce 30% pension lump sum to boost QROPS sector
Guernsey is to raise to 30% its pension commencement lump sum to match the Isle of Man and Jersey
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Guernsey Landsbanki depositors unbowed by Iceland setback
Some 200 Landsbanki Guernsey savers are vowing to fight on in a quest to get all of their money back
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Custom House launches umbrella Sicav for start-ups
A Malta-domiciled Sicav fund umbrella for start-up managers has been launched by Custom House.
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Jersey Finance calls on extension to deadline on zero-10 views
Jersey Finance is urging the Jersey government to extend the deadline for views on the zero-10 tax.
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Skandia Int’l launches adviser information micro-site
Skandia International has launched a new online service providing a range of information to advisers
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JPMAM appoints head of global liquidity EMEA
J.P. Morgan Asset Management has appointed Jim Fuell as head of global liquidity EMEA.
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FPI to rebrand as Friends Life next year
FPI will be rebranded Friends Life in the New Year
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Fund managers see US default as bigger risk than European
The risk of a municipal default in the US is a bigger risk than a sovereign default in Europe.
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First half sales double in Friends Prov’s international businesses
Sales in Friends Providents international businesses nearly doubled in the first six months of 2010
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DFSA calls for better practice from firms holding client money
The DFSA has called for authorised firms to strengthen practices when holding client money.