growing number of britons consider packing bags
An increasing number of wealthy Britons are considering leaving the UK within the next two years, according to a recent Lloyds TSB international survey.
An increasing number of wealthy Britons are considering leaving the UK within the next two years, according to a recent Lloyds TSB international survey.
In a move aimed at boosting industry standards, the Federation of European IFAs (FEIFA) is raising the bar for its 31 existing member firms, with a new code of conduct.
Rothschild Trust Guernsey, an arm of the global, family-owned Rothschild Group, has announced it will cut around 20 jobs from its current staff of 60 over the next six months.
In one of the boldest moves by an offshore life company in recent years, Generali PanEurope this month will formally begin to target the UK high-net-worth and UHNWI market with a flagship portfolio product and wealth structuring services, which it plans eventually to roll out to private banks, private wealth managers and family offices around…
A huge disparity in the expectations of IFAs and their firms in the post-RDR world has been revealed by a study of the industry by CWC Research.
South African financial services group Sanlam is launching an offshore bond into the UK for the first time, with an option to protect against downside risk in falling markets.
State Street Corporation, the New York-listed financial services provider, has been granted a deposit-taking banking licence by the Jersey Financial Services Commission, making it the first Boston-headquartered bank to hold such a licence there.
The UKs Budget delivered yesterday by Chancellor George Osborne has seen the government clamp down on tax avoidance by Britains wealthy individuals.
George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.
With the implementation of the Retail Distribution Review set to take place at the start of next year, two-fifths of platform users in the UK are outsourcing some or all of their investment process, according to a survey of 345 people by independent research company Defaqto.
Properties in Dubai owned by convicted fraudsters are among over half a billion pounds worth of property and cash criminals are refusing to pay back to the UKs Criminal Prosecution Service, it has been revealed.
Total new business sales of UK distributed offshore bonds last year came in more than 7% below 2010 levels, after what industry experts said was a difficult 12 months for those in the business of marketing these popular and tax-efficient long-term investment products.