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UK accountancy firm Wilkins Kennedy is appealing against recent a High Court judgement ordering it to pay $11.6m (£9.5m, €10.8m) to Harlequin Property SCG, the company behind the stricken £400m fund.
The Portuguese government has introduced a wealth tax on properties valued over €600,000 (£538,572, $660,108) in a move that could benefit thousands of British expats living in the EU-member state.
Standard Life Investments has launched an international version of its suite of multi-asset funds known as MyFolio, which will be initially available to advisers and their clients in Germany.
Life companies based on the Isle of Man will have to disclose client commission worldwide from January 2019, the head of the Isle of Man Financial Services Authority (IoMFSA) has confirmed.
St James’s Place, one of Britain’s biggest wealth managers, has come under fire over claims it will not be caught by an incoming cap on exit charges.
Isle of Man-based pension provider Optimus has launched a new qualifying non-UK pension scheme (Qnups) aimed at wealthy individuals hit hard by the UK’s lifetime allowance cap as well as the annual tax taper.
A leading critic of the Department of Labor’s (DoL) upcoming fiduciary rule, which will require pension advisers to act in the best interests of their clients, putting an end to high-commission investment products, has been named as an assistant to president-elect Donald Trump.
The UK government is to toughen laws governing fraudulent or dishonest activity by financial services companies to make it easier to successfully prosecute criminal offences such as fraud, money laundering and false accounting.
The US Securities and Exchange Commission has put retail investor protection and robo-advice at the centre of its examinations programme for 2017.
The former BSI banker Yeo Jaiwei, ‘sentenced beyond the norm’ for witness tampering by a Singapore court, used a Seychelles-based company to spend $8.2m (£10m, €7.7m) on Australian Gold Coast property, the Guardian has reported.
Asia Pacific ex-Japan ETF/ETP assets hit a record high of $135bn (£110bn, €127bn) in 2016, but still only account for 4% of the industry's global assets, according to ETFGI.
Key financial illustrations (KFIs) that are intended to help people compare pension and investment product charges in the UK are not fit for purpose and are “the worst possible example of information overload”, says AJ Bell marketing director Billy Mackay.
A former financial adviser has been sentenced to eight and a half years in prison after being found guilty of defrauding clients out of £4m (€4.6m, $4.8m).
A greater number of British expats rely on European healthcare under the UK’s reciprocal healthcare agreements than European pensioners living on the UK, who use the NHS, according to figures obtained by the BBC.
The UAE Insurance Authority (IA) is to issue a new draft and open a fresh consultation on plans to tackle high fees and hidden commissions in the life industry after requests for a 'two-year delay', sources have told International Adviser.
Investors in the doomed Guernsey-based Providence Investment Funds have been told it is “highly unlikely” they will receive any money back, as a campaign group is set up on their behalf to target an FCA-regulated firm it claims is behind the funds’ promotion.
HM Revenue & Customs boosted revenue from its counter-avoidance directorate by 80% last year, according to figures compiled by law firm Pinsent Masons.
Here are the Hong Kong winners of Fund Selector Asia's third annual fund management awards.
Switzerland's Banque Syz has closed its asset management unit in Hong Kong to focus on European markets in the latest step towards consolidation in Asia's wealth management industry.
Wayne Sorour, head of Old Mutual International South Africa, talks to us about the...
The UAE Insurance Authority (IA) is to issue a new...
The United States will become the last global tax haven...
HM Revenue & Customs boosted revenue from its counter-avoidance...
Nucleus chairman and Skandia founder Paul Bradshaw...
Malta has been accused of being a tax haven after a...