hmrc execs in tv press spotlight for alleged
Two top officials at HM Revenue & Customs are being linked to companies that have sought to use offshore structures to avoid UK tax, or which advised clients on stamp duty avoidance.
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Jeremy Charles made COO of Old Mutual wealth ops
Old Mutual Wealth Management has appointed Jeremy Charles chief operating officer of the business that currently includes the Skandia UK, Skandia International, Skandia Investment Group and Old Mutual Asset Managers (UK) brands.
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cerulli singapores fair review seen likely
Regulatory changes expected to emerge out of Singapores Financial Advisory Industry Review are likely to nudge the industry towards fee-based advice faster than the market would go if left to its own devices, according to Cerulli.
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Clive Baker CEO of Zurich International Life
Former Prudential Vietnam general manager Clive Baker has become the new CEO of Zurich International Life, based in the Isle of Man.
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platform one gets private equity backing
Forester Maclean, a Bexhill-on-Sea-based private equity investment company, has taken a significant minority stake in Platform One, the Dorset-based platform services provider.
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mansion tax plan catches eye of wealth
Gerry Brown, technical manager at Prudential,looks at how the UK’s proposed ‘mansion tax’ scheme is likely to hit HNWIs whose pricey UK properties have avoided certain taxes until now, by being held via offshore entities.
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wells fargo am adds six funds to its sicav
Wells Fargo Asset Management has added six new equity and bond funds to its Worldwide Fund Sicav.
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global index intl brings brazilian back
Global Index International, a Rio de Janeiro-based advisory firm which looks after expatriates in 62 countries, has recruited a Brazil native, Christiano Aguiar, to head up its sales operations.
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mas mystery shoppers unimpressed with singapore
An undercover investigation into the standard of advice on offer among Singapores banks and insurers has found significant room for improvement, the Monetary Authority of Singapore said today.
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ESMA highlights adviser final MiFID guidelines
The European Securities and Markets Authority (ESMA) has today highlighted failings in adviser practice as it publishes two final sets of guidelines under the Markets in Financial Instruments Directive (MiFID), covering suitability of investment advice and compliance matters.
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Critical need GCC sum end of service
Combined liabilities of Gulf cooperation Council (GCC) employers are expected to rise from US$16bn in 2012 to US$75bn by 2020, according to the roundtable report by strategic research company, Insight Discovery.
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axa wealth intl trials offer for bond investors
Axa Wealth International is offering investors a break on their offshore bond charges if they choose their bond investments from the Axa-owned Architas multi-asset funds range, on a guided architecture basis.