Bahamas to introduce 90-day minimum residency for tax status
Move followed criticism of the country’s residence-by-investment programme
Latest news
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Isle of Man green fund forced to shut down
Forestry fund owes millions of pounds to its lender after it declared default in 2017
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Pension committee urges UK regulator to ban contingent charges
But the FCA said more work needs to be done before it can intervene
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UK wealth management firm rolls out direct-to-consumer app
Lighthouse clients will initially also have access to the app at least until its acquisition by Quilter is finalised
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UK platforms failing to provide income to retirees
‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’
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Isle of Man fraudster pleads guilty to investment scam
He used a Ponzi scheme to steal over £600,000 from companies and individuals in six years
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Advisory platform rolls out online client portal
People will be able to access their investments and communicate with their adviser
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Investment firm partners with LatAm asset manager
The agreement will provide the company with ‘deeper insight into markets in Latin America’
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UK regulator clamps down on tax avoidance trust scheme
It is marketed as a wealth management strategy that disguises taxable income
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Advice firms and directors draw wrath of UK watchdog
They recommended pension switches and transfers to products that invested in high risk, illiquid assets
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Hong Kong reverse mortgage product to support retirement
It will use a life policy as ‘collateral to draw down loans’
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UK regulator advises investors on collapsed mini-bond firm
Secured Energy Bonds failed in 2015 and lost most of its investments