Another tax net for NRIs who have a virtual presence at home
Non-residents will be taxed if transaction value exceeds INR 20m in India
Asia
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1MDB sues Deutsche Bank, JP Morgan and Coutts to recover $23bn
As part of 22 legal claims for ‘negligence, breach of contract, and conspiracy to defraud’ the fund
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HSBC eyes hiring spree in Asia wealth business
As part of the bank’s $6bn investment in the region
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PGIM pursues hearts and minds in Europe
‘It was early in the morning, the US wasn’t up yet, and I had to make the decision’
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NAB sale of wealth arm to IOOF approved
A$1.4bn deal could not go ahead until Aussie regulator gave green light
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Single premium policies boost Hansard results
As covid sees Japan office launch pushed back
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Indonesian robo-adviser raises cash
Bibit has received a second round of funding led by Sequoia Capital India
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Apac wealth clients hungry for digital tools
Pandemic was a catalyst for technology use and will lead to permanent changes in investors’ behaviour
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Quilter International Singapore CEO departs
His successor was chief executive of Transamerica Life Bermuda in the city state
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Hong Kongers and Singaporeans fear penniless pension pots
54% said they do not have enough in their retirement funds to finance their lifestyle once they stop working
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PEOPLE MOVES: Schroders, Sandringham FP, Tilney S&W
Global asset manager names Singapore CEO, as UK IFA firm hires advising partner
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European music royalty investment platform enters Japan market
Firm says it’s a ‘huge milestone’ in its ‘continued global expansion’