After scrapping the secondary annuity market and potentially softening the non-dom tax changes, is the annual pension savings allowance taper the next thing that should go?
The Australian Securities and Investments Commission (ASIC) has signed a cooperation agreement with the Capital Markets Authority of Kenya (CMA) in a bid to boost financial services technology for both countries.
Platform One, the UK and international wrap service provider, has joined the Federation of European Independent Financial Advisers (FEIFA) as a partner.
The Abu Dhabi Global Market (ADGM), the new international financial centre in the capital of the UAE, said it has registered and licensed close to 160 companies from a broad range of industries and sectors in its first year of operations.
The UK government is considering plans to water down upcoming reforms to the tax rules governing non-UK domiciles whose permanent home is based overseas, due to concerns they may force out Britain’s wealthiest foreigners.
Thai equities have mostly recovered after plunging in the wake of the death of the King, but now the military-appointed government is attempting to navigate official approval of a new constitution and handle the first royal succession in seven decades.
Upcoming changes to the tax rules governing non-UK domiciles, set to come into effect in April next year, should be postponed until the “full effects of Brexit” are understood, a leading London-headquartered accountancy firm has urged.
The Common Reporting System -- a partnership among around 100 regulators worldwide - will make it more difficult for Asian high net worth individuals to keep undisclosed money offshore, said Richard Corrigan, interim director of financial services for the Jersey Government.
European Central Bank president Mario Draghi delivered a relatively short address after the October governing council meeting on Thursday which was light on substance, but there was something in his remarks that may worry investors.
Waves of changing legislation have made pensions and Isas incredibly and unnecessarily complicated, discouraging people from saving, says Andy Bell, chief executive of investment platform AJ Bell.
Merrill Lynch, one of the ‘big four’ investment banks in the US, will no longer work with US citizens living abroad following the closure of all expat accounts earlier this month, a UK-based IFA firm has confirmed.
Israel-based Bank Leumi will pay $1.6m (£1.3m, €1.45m) and admit wrongdoing to settle charges from the US Securities and Exchange Commission that it provided investment advice to US customers for over 10 years without registering as an investment adviser or broker-dealer.
The gap between between the amount of tax HM Revenue & Customs expected to collect in the last financial year and what it actually raised has fallen to its lowest ever level, and is now one of the smallest in the world.
American asset manager Cohen & Steers has initiated a fresh push into the UK investment market and plans to launch two new funds as part of the effort.
An annual property tax proposed last week by the Portuguese government on homes worth over €600,000 (£538,572, $660,108), may be “beneficial” for some of the thousands of British expats settled there, according to two leading tax experts.
Smith & Williamson’s Philip Lawlor talks about how GDP, QE and Brexit have raised the risk profile of Europe and the spectre of a domino effect.
Returns from alternative Ucits funds have been disappointing over the past couple of years. But perhaps fund selectors have to blame themselves for this.
South Africa’s Inkunzi Wealth Group (IWGSA) has launched a robo-advice tool aimed at the country’s professionals.
China’s consumption story is expanding quickly, creating some of the most appealing investment cases currently available to investors, particularly as markets are yet to fully price in the pace of urbanisation in the country, says UBP's Peng Yao.
Axa Wealth International on the Isle of Man has been...
The Portuguese government is looking at plans to introduce...
Merrill Lynch, one of the ‘big four’ investment banks...
An annual property tax proposed last week by the Portuguese...
The gap between between the amount of tax HM Revenue...