call made to ban 25 year savings policies
The chief executive of one of the largest advisory groups operating in the UAE has called for a ban on the sale of 25-year savings policies.
The chief executive of one of the largest advisory groups operating in the UAE has called for a ban on the sale of 25-year savings policies.
Clients who take a UK insurance policy outside the UK under seal may no longer benefit from savings of up to 40% on their inheritance tax bill.
Skandia International has appointed two new area managers to head its Middle East and Africa sales teams.
Financial advisers across the world are feeling more confident now about the global economy than at any point since Q1 2012, according to Skandia International’s latest survey.
Financial advisers now have big opportunity to add value to overseas assets held by clients which are now being “regularised” by HM Revenue & Customs for inheritance tax purposes, according to Skandia International.
The Royal Skandia Trust Company is launching an offer across its entire range of trusts which will enable financial advisers and their clients to access its professional trustee services free of charge.
Old Mutual Wealth is expanding its operations in Asia with three senior appointments for both its offshore business, Skandia International and its asset management operations, Old Mutual Global Investors.
Skandia International said the percentage of its offshore portfolio bonds that are being placed inside a trust each year has more than quintupled since 2006, which it attributes to better education, better choice and better use of product packaging.
Less than a third of financial advisers based in Hong Kong believe recent regulatory changes in the jurisdiction will have a positive impact on their business, according to recent research.
A small majority of IFAs believe financial advisers are perceived negatively by consumers, according to recent research, with this number rising significantly in some places, particularly in Asia.
Net sales of offshore bonds at Skandia International increased by a whopping 316% in the first half of this year.
Financial advisers’ confidence in the global economy has fallen in the second quarter of 2013 for the first time in twelve months, according to Skandia International’s latest survey.