hmrc announces hartnetts retirement
Dave Hartnett, the HM Revenue & Customs official who was criticised by some politicians for his role in giving Goldman Sachs a break on tax monies owed, is to retire next summer, the agency said.
News
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ifamatch com ready for launch
An IFA recruitment company which was soft launched in January has said it is ready to fully launch into the market after completing nearly 12 months of testing.
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peter caruana out as Gib chief minister
Voters in the British overseas territory of Gibraltar have replaced their chief minister of the last 15 years with a 39-year-old Socialist, Fabian Picardo.
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standard chartd unveils shariah uae offering
Standard Chartered Saadiq, the Islamic arm of Standard Chartered Bank, has launched Shariah-compliant services for individuals and small and medium-sized enterprises in the UAE.
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offshore contrarian fund for mundy
Investec Asset Management has launched a Luxembourg-domiciled global equity fund for its contrarian team, headed by Alastair Mundy.
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Guernsey confident ahead of QROPS shake up
Guernsey pension and financial services industry executives issued statements today expressing confidence that a pending shake-up of the way Qualifying Recognised Overseas Pension Schemes are regulated by the UK will not harm the island’s QROPS industry.
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banks distribution dominance in asia on the slide
While banks still dominate fund distribution in Asia, their market share has continuously fallen since 2009 as providers look to diversify their routes to market.
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perfect pitch
The music industry offers attractive rewards, writes Ben Gisbey, associate solicitor at Bray & Krais, but investors should be aware of potential obstacles before venturing into the sector.
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weak dollar keeps hk cheaper for expats
Hong Kong has tumbled down the list of most expensive locations for expats to live, as a weaker dollar continues to negate the impact of rising prices, according to the annual cost of living survey from ECA International.
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irs clarification on fbars
Tax experts with American expatriate clients reacted with considerable interest yesterday to a new IRS clarification that appears to suggest more flexibility, with respect to penalties for failing to file tax returns and Foreign Bank Account Reports (FBARs), than previously had been assumed possible.
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major private health insurers test chinese waters
Experts may not agree on whether investing in Chinese businesses is a good idea at the moment. But for many multi-national companies, there is no disputing the need for at least one office on the mainland, typically in Shanghai.
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iom reacts positively to qrops proposals
The Isle of Man government and pension association have welcomed HM Revenue & Customs’ draft legislation on the QROPS regime.