PEOPLE MOVES: Bravura, Insurance Authority, SJP
Tech firm names CCO, as Hong Kong regulator reappoints chief executive
Stephenson Harwood
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PEOPLE MOVES: Abrdn, LGT WM, Deutsche Bank
Asset manager hires CIO, as wealth firm promotes five to partner
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PEOPLE MOVES: Abrdn, Generali, LGT Vestra
Wealth chief retires from investment giant, while insurer names Hong Kong CEO
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Tax wish list for the wealth industry
Changes to IHT, stamp duty, property, trusts and pensions in private client space wanted
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International investors’ Anglophilia undimmed by Brexit
Many companies and investors are still prepared to take the risk despite the threat of a ‘no-deal’
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Three ways HMRC may have overstepped the mark
Check on growth of tax man’s powers seen as overdue
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Worrying rise in criminal and civil penalties aimed at advisers
Giving “anything but ‘vanilla’ tax planning is becoming dangerous for advisers”, as they face a rise in civil and criminal penalties aimed preventing tax evasion, James Quarmby, private client partner at Stephenson Harwood has warned.
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PEOPLE MOVES: Schroders, Intrinsic, RBC Wealth Management
Schroders has confirmed the departure of a long-standing director in the Middle East, while OId Mutual Wealth’s adviser network Intrinsic has appointed an operations director and RBC Wealth Management targets adviser relationships with its latest recruit.
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Advance payments a ‘worrying erosion’ of taxpayer rights
Plans to give the UK tax man powers to demand advance payment if the revenue has “reason to believe” an offshore scheme is avoiding tax should be scrapped, according to a top tax lawyer.
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‘Accidental Americans’ putting Asia’s wealth transfer at risk
Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.
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Offshore tax regime ‘may breach human rights’
Incoming Requirement to Correct (RTC) rules “are a potential breach of human rights” according to James Quarmby, a top private client tax lawyer.
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PEOPLE MOVES: Stephenson Harwood, Julius Baer, Intertrust
Stephenson Harwood appoints a new partner in Hong Kong, Julius Baer sees a senior exit in the Middle East and raids Barclays Wealth for UK expansion, Intertrust appoints Netherlands head and Brewin Dolphin appoints Axa’s Kellard as a non-exec director.