Three ways retirement in UAE will change beyond recognition
Retirement in the sunny UAE looks set to change beyond recognition according to research by Old Mutual International and Quilter Cheviot.
Regions
-
-
Jupiter Merlin chops Woodford exposure
Jupiter’s multi-manager range has drastically shaved down its exposure to Neil Woodford’s flagship equity income fund and has added three new funds to its holdings, Portfolio Adviser has learned.
-
Industry vexed by ‘scrapping’ of long term care cap
Expats expecting to return for a comfortable retirement in the UK may need to start working overtime or recalibrate their financial calculations in light of reports that Theresa May has shelved plans to cap long-term care costs.
-
Premier League adviser to face rape charge trial
A celebrity adviser to Premier League footballers and pop and TV stars is to go on trial accused of rape.
-
Hong Kong and Singapore fund fees among highest in world
Both Hong Kong and Singapore have no fund investment tax but carry some of the highest fund fees globally, according to the Global Fund Investor Experience (GFIE) study by Morningstar.
-
RBC Wealth axes 3% of jobs in Channel Islands and UK
RBC Wealth Management is making redundant around 3% of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.
-
Rogue Sipp adviser lands Sesame with fine over Cape Verde fund
UK network Sesame has been ordered to compensate a pensioner after one of its advisers invested his Sipp into an unregulated Cape Verde fund and hid the commission.
-
Ex-Chelsea defender sentenced to jail for tax fraud
Former Chelsea and Real Madrid defender Ricardo Carvalho has been sentenced to seven months in prison and fined €142,882 (£128,222 $167,717) for tax evasion.
-
President Macron eases France’s wealth tax for 2018
France is replacing its widely encompassing wealth tax with a new one which is more narrowly focused on property-related assets in draft rules issued by its government.
-
Analysis: Is the Trump trade back on?
Faith in the “Trump trade” faded during the summer, as controversy crowded out policy, but it has sparked back to life as the administration lays out plans for a significant overhaul of the US tax system.
-
Isle of Man fights back against fraud
Legislation aimed at modernising measures to combat fraud will come into force on the Isle of Man from 1 November 2017.
-
Aegon opens Mexican asset manager
Dutch insurer Aegon and its North American subsidiary Transamerica are setting up a Mexican asset management joint venture with the same firm that partnered with Lombard International to launch a life company earlier this year.