Pension cold calling ban one step closer
The UK’s House of Lords has demanded a ban on pension cold calling be included in the upcoming Financial Guidance and Claims Bill following revelations that cold calls have risen 180% in just 10 months.
Regions
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EU’s most generous expat tax break escapes radical cut
The Netherlands looks set to trim rather than slash its 30% rule tax benefit for expats to bring it into line with other EU countries.
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Momentum Wealth Intl expands fund range
Fund managers Fidelity, Gam, Henderson, JP Morgan, Morgan Stanley and Schroder have been added to Momentum Wealth International’s Select Fund Range.
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Cayman Islands offers trust alternative
The Cayman Islands have introduced a “unique” law that allows a company to function with the tax benefits of a common-law trust, which could prove an attractive alternative to trusts for private clients.
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UK watchdog recruits public to fight scammers
The Financial Conduct Authority is urging the public to report and speak out against investment scammers after finding that more than a fifth of those contacted by a suspected fraudulent investment firm stay silent.
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Value Partners implements UK GEM sales strategy
Hong Kong-based asset manager Value Partners Group is promoting its expertise in Asia in a bid to attract UK and European sales to its Global Emerging Markets (Gem) strategy.
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Rich at risk after offshore law firm hacked
Just 18 months after the Panama Papers rocked the offshore world, a Bermuda-based offshore law firm has confirmed it was hacked in 2016, raising concerns that details of high net worth individuals and corporations could be at risk.
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Future Advisory Forum Hong Kong 2017
IA presents video highlights from the event, which was held on 10 October at the Island Shangri-La Hotel in Hong Kong.
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GP appears in court over IFA murder plot
A Dorset doctor accused of plotting an IFA’s murder has appeared in court.
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Analysis: Regulatory confusion reigns in the UAE
IFAs in the UAE continue to play guessing games ahead of the Insurance Authority’s unveiling of plans for commissions caps, greater transparency in customer contracts and tighter rules on financial advice.
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Drawdown sales hammer annuities
There has been a dramatic move away from annuities to income drawdown following the pension freedoms, data published by the Financial Conduct Authority shows.
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Half of Sipp complaints upheld
The UK Financial Ombudsman Service (FOS) has upheld half of the complaints it received about self-invested personal pension schemes (Sipps) so far in 2017/18.