Financial advisers face uncertain 2018
Advisers are facing political, economic and regulatory uncertainties, according to the European Financial Planning Association and the UK’s Personal Finance Society.
Regions
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Straight Irish men to marry in IHT dodge
Two heterosexual men in Dublin are to tie the knot so that one can inherit the house of the other without being hit with inheritance tax.
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Convoy to spend HK$300m to win back investors
Convoy Financial Services, the recently raided Hong Kong financial advisory firm that saw multiple senior executives arrested, plans to restore investor confidence by spending big on hiring more advisers and paying a retention bonus.
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UAE regulator details new financial promoters licence
The Securities and Commodities Authority (SCA) in the UAE has released long-awaited details of its new Financial Promoters licence, boosting hopes that the permits for financial advisers and banks will soon be issued.
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Standard Life fails to stem £23bn outflows
Standard Life has failed to shake off the plague of severe outflows even after its merger with Aberdeen Asset Management earlier this year its latest results have revealed.
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Utmost Wealth and Generali PanEurope to merge
Life Company Consolidation Group (LCCG) is to acquire Generali PanEurope with plans to create a specialist wealth manager by combining it with Utmost Wealth Solutions in a show of “commitment to the international life market”.
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A 1% pa income model for the UAE beckons – Nigel Green
One of the key industry figures in the region, the Middle East’s head for deVere Acuma Nigel Green has told International Adviser that “everybody is moving in the direction of a 1% per annum type model”.
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Cross border investors’ tax bind to end in EU
The EU has pledged to simplify cross border investing with new guidelines on withholding taxes.
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Three categories added to personal portfolio bonds
Personal portfolio bonds (PPB) may become more attractive to investors as new regulations will allow additional property categories to be held within them.
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Top five chargeable queries of 2017
One of the most common topics prompting advisers to reach out to life companies for support was around chargeable events. With a myriad of changes in recent years, it is little wonder that the already complicated topic has many UK advisers scratching their heads. Canada Life has put together a list of the five most…
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Scotland’s ‘hideously complex’ income tax plans
Scottish Government proposals for income tax rates have been criticised as too complex with tiny benefits for individuals.
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Guernsey wants off tax haven blacklists
Guernsey’s lack of inclusion on the EU’s tax haven blacklist has prompted the island to call for Portugal and Lithuania to follow suit and remove it from their respective lists.