Ucits IV: after the dust has settled
Christian Elsmark, managing director, Europe, for Scottish Widows Investment Partnership (SWIP) argues that the advent of the Ucits IV fund regime should bring lower costs and increased choice to inve
News
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Landsbanki Guernsey to take legal action against Iceland
The administrators of Landsbanki Guernsey are preparing to take their case to Iceland, in the event they are unsuccessful in their efforts to maximise returns for depositors caught up in the bank’s co
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Gibraltar QROPS administrators unilaterally hold off transfers, pending HMRC clarification
Administrators of QROPS in Gibraltar are holding off transfers of funds of UK clients into their pensions pending resolution of a tax query raised by HMRC.
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Jupiter and de Vere in distribution deal
Jupiter Asset Management has entered into a “strategic alliance” with de Vere & Partners, the international IFA firm.
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Advisers turning to life structures for non-dom clients
Bryan Low, managing director of Isle of Man-based offshore life insurance consultancy firm Acuity, looks at the options open to advisers with UK resident but non-domiciled clients in the wake of chang
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Pru Intl unveils online ‘calculator’ to help UK IFAs understand offshore bonds
Prudential International has whipped the wraps off a new online function aimed at helping UK IFAs to understand and tailor offshore bonds to accommodate their individual clients’ needs.
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MediCare Intl launches more extensive health plan for expats and their families
Medicare International, the London-based provider of private medical insurance to expatriates, has launched a more extensive health insurance package aimed at working and retired expatriates of all na
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Jupiter creates Asia sales role
Jupiter Asset Management has created a new role of Asia Pacific sales director, appointing Singapore-based David Conway, formerly Royal Skandia’s local regional manager, to the role.
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Singapore clamps down on investment sales
The Monetary Authority of Singapore (MAS) is to clamp down on the way investment products are sold and marketed.
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Natwest International unveils new Autopilot Account
NatWest International Personal Banking (IPB) has launched the eighth version of its Autopilot Account, which offers 100% capital protection and exposure to four asset classes.
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FSA fines UK firm for advice on offshore bonds
The FSA has fined a Kent IFA £14,000 after more than 20 clients were ‘unsuitably’ advised to redeem offshore bonds and invest in new ones, netting nearly £100,000 commission for the firm.
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IMF issues long-awaited report cards on Jersey, Isle of Man
International Monetary Fund officials today issued their long-awaited assessment of the financial health of the Isle of Man and Jersey, following visits to the Crown Dependencies last September and No