Australia New Zealand Guernsey dominate QROPS market – HMRC data number 2
News
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Money market outflows drive Ucits assets down
Net inflows into Ucits funds plunged to €18bn (£15.9bn) in the second quarter of 2011.
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Royal Skandia launches trust offer
Royal Skandia has removed its annual fee for the life of trusts taken out between 1 Sept and 31 Dec.
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Boal unveils new spousal bypass trust to mitigate IHT
Boal & Co has launched a spousal bypass trust, which aims to improve the IHT efficiency of its QROPS
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FEIFA launches service for Europe-bound IFAs
FEIFA has partnered with Sterling Associates to offer a service to help IFAs relocate Europe.
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Billion Global guilty of fund scam
Billion Global Asset Management and Chan Chun Wai marketed a fund which did not exist.
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RBC establishes Singapore trust company
RBC Wealth Management has established a new trust business in Singapore.
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Barclays Capital pulls wraps from latest index-linked deposit accounts
Barclays Capital has removed the wraps from its latest batch of index-linked deposit accounts.
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Online life insurance product is hit for Global Benefits
Advisers with expat clients have helped to make a hit out of a new Global Benefits Europe product.
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US continues to press Switzerland for bank details
The US is threatening legal action against 10 Swiss banks if they don’t hand over client information
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HSBC launches China consumption fund
HSBC has launched a fund aiming to capitalise on continued growth of consumption in China.
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European advisory group to help launch Russia mag for IFAs
FECIF is to help a Russian advisory organisation to publish a new online magazine for Russian IFAs.www.infinplan.ru/