Natwest International unveils new Autopilot Account
NatWest International Personal Banking (IPB) has launched the eighth version of its Autopilot Account, which offers 100% capital protection and exposure to four asset classes.
Industry
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DIFC licence for Mena absolute return house
Gulfmena Alternative Investments, a Middle East North Africa region absolute return fund house, has received an asset management licence from the Dubai International Financial Centre (DIFC).
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UK residential property Sicav goes on the market
Garratt Property Group is boldly targeting an aggregate return over five years of 70% to 100% with its first Sicav, Residential Property Fund.
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FSA fines UK firm for advice on offshore bonds
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.
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IMF issues long-awaited report cards on Jersey, Isle of Man
International Monetary Fund officials today issued their long-awaited assessment of the financial health of the Isle of Man and Jersey, following visits to the Crown Dependencies last September and No
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Jersey Parliament expected to give final approval to draft depositor compensation scheme next month
The Jersey States Assembly is expected to give final approval to a draft depositor compensation scheme on 20 October.
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Make advice tax deductible to boost take-up, Australian government told
Fees paid for financial advice should be fully tax-deductible in order to encourage more people to consult professional advisers when arranging their financial affairs, an association representing the
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Standard Chartered launches private banking services for HNWIs in Taiwan
Standard Chartered has begun offering private banking services in Taiwan to high net worth individuals with investable assets of more than $1m.
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VAM Funds ramps up distribution strategy
VAM Funds has ramped up its distribution capabilities, creating a new director of sales role and appointing a Far East-based distribution partner.
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Jersey rejects claims it will seek UK bailout to plug deficit
Jersey has denied it is suffering similar financial problems to the Cayman Islands, which has had a request to increase borrowing denied by the UK government.
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Guernsey Finances Niven speaks out on his Resolution, F&C directorships
Guernsey Finance chief executive Peter Niven told International Adviser on Friday that he did not see a conflict in his role as a non-executive director of Guernsey-domiciled Resolution the company
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Sweden critical of proposed EU regs on alternative funds as Myners meets with lawmakers in Brussels
British and American critics of the European Commissions draft directive aimed at regulating alternative investment funds gained an important and not-unexpected ally, after Swedish policymakers reco