From the Isle of Man Financial Services Authority’s planned commission disclosure requirement to the Middle East Insurance Authority’s move to tighten capital requirements for licenced brokers, there is plenty of significant change happening on the regulatory front.
Solicitors providing tax planning services face greater scrutiny from HM Revenue & Customs and the Solicitors Regulation Authority (SRA), as the UK Government clamps down on aggressive avoidance schemes.
Many investors are not aware how much their wealth manager is charging them for advice and management services, according to online wealth manager Netwealth.
Malaysia’s financial services centre has appointed a director general, while Zedra has named an executive director for its Singapore office and Generali Investments has a new head of investments.
Find out which are the 10 most disruptive technological forces that are affecting the financial services industry, and what financial advisers need to do to avoid perishing in the new world order.
A road plan for adviser remuneration is set out by Phil Billingham in the first of a new series looking at how to thrive amid ongoing regulatory change, including reactions from three IFAs across the globe.
The portfolio bonds from Canada Life International (CLI) have halved the minimum single and additional investment amounts and increased the maximum age of the youngest life assured by 10 years.
Calls for a review of the complex and lengthy disclosure documents clients receive at the point of sale (POS) have been rejected by the Financial Conduct Authority despite the regulator admitting that customers can get confused.
In a bid to curb mis-selling and provide a framework for how advisory businesses can recruit from rival firms, Singapore’s Life Insurance Association (LIA) is reviewing its policies and is planning to issue new guidelines.
The regulatory burden of the EU’s General Data Protection Regulation (GDPR) has prompted Gibraltar’s regulator and insurance association to join forces to tackle the new legislation.
As the pace of regulatory change in the Middle East shows no sign of letting up, many operators within the region are predicting unprecedented change for financial services.
Four countries have long-established tax treaties that give UK-non-doms from these jurisdictions a hugely advantageous opportunity to minimise paying inheritance tax on their worldwide assets.
