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'Outdated' EU directive will swamp advisers warns expert

'Outdated' EU directive will swamp advisers warns...

International financial adviser Mazars has warned the 'laudable' intent of the incoming Insurance Distribution Directive (IDD) could be lost under the burden of regulation which is already out of date.

Published : 12, Oct 2017
StanChart in $1.4bn suspect transfer probe

StanChart in $1.4bn suspect transfer probe

Standard Chartered is under investigation in Guernsey and Singapore over a $1.4bn (£1.07bn €1.2bn) transfer of funds.

Published : 6, Oct 2017
Remember, remember the 4th of October

Remember, remember the 4th of October

The first World Financial Planning Day has been slated for Wednesday 4 October.

Published : 29, Sep 2017
Hong Kong fund industry tax concerns under review

Hong Kong fund industry tax concerns under review...

The Hong Kong Government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.

Published : 29, Sep 2017
Radical shakeup of Swiss private banks needed

Radical shakeup of Swiss private banks neededLock icon

Swiss private banks are failing to address rapidly declining profitability and are too focused on defensive measures to implement a radical transformation that will allow them to generate competitive advantage and sustainable growth, says KPMG.

Published : 12, Sep 2017
S African expats must assess tax liability before September

S African expats must assess tax liability before...

In the furore over the removal of the tax exemption on foreign earnings, it has become clear that many South African expats are not fully aware of their existing tax obligations on offshore savings and investments and time is running out, warns Old Mutual Wealth’s David Denton.

Published : 23, Aug 2017
IHT planning - the time is now

IHT planning - the time is nowLock icon

Inheritance tax receipts have risen steadily since 2009/10 and while it is still a small slice of the UK’s overall GDP, the percentage is increasing and advisers need to help clients plan accordingly as it’s not just the wealthy that can be hit, Killik & Co’s Sarah Hollowell tells International Adviser.

Published : 23, Aug 2017
How to make the most of unused inheritance tax allowance

How to make the most of unused inheritance tax...Lock icon

The UK tax office has recently updated its rules for transferring any unused portion of basic and additional IHT thresholds when the first person in a marriage or civil partnership dies.

Malaysia joins fintech race

Malaysia joins fintech race

A fintech accelerator programme, Super Charger, has teamed up with Standard Chartered Bank and Allianz to help foster and develop Malaysia's fintech market.

Published : 14, Aug 2017
Paying staff in gold 'abnormal and contrived' - UK tax panel

Paying staff in gold 'abnormal and contrived'...Lock icon

Employee incentive arrangements where workers are paid using gold bullion are “abnormal” and not a “reasonable course of action”, according to an independent panel set up to advise the UK government on disputes over potentially abusive tax arrangements.

Abu Dhabi inks two partnerships with Malaysian regulators

Abu Dhabi inks two partnerships with Malaysian...

The financial regulator of the Abu Dhabi Global Market (ADGM) has signed partnership agreements with its two financial services counterparts based in Malaysia's financial hub, Labuan.

Published : 28, Jul 2017
HMRC tax clampdown brings £29bn boost to UK government coffers

HMRC tax clampdown brings £29bn boost to UK government...

HM Revenue & Customs' action on tax avoidance, evasion and organised crime has brought in record additional revenues of £29bn ($37.6bn, €32.9bn) in the past fiscal year, as revealed in its latest annual report.

UK eyes ‘intervention’ to allow pension access without drawdown

UK eyes ‘intervention’ to allow pension access...

The Financial Conduct Authority (FCA) has said it is looking to work with the UK government to allow savers to access their pension pots without taking drawdown amid fears consumers need greater protection in the non-advised drawdown market.

Published : 12, Jul 2017
Brewin chief demands UK prime minister act on savings crisis

Brewin chief demands UK prime minister act on...

Intergenerational wealth disparity, tax simplification and removal of the £1m lifetime pension allowance are all addressed in a remarkable letter to the prime minister from Brewin Dolphin chief executive David Nicol.

Published : 12, May 2017
Advice businesses must adapt to survive and thrive

Advice businesses must adapt to survive and thrive...Lock icon

Changes in regulation coupled with a transformation in client expectations and increased use of technology means financial advisers need to review their business model to ensure they have a business that is future fit, says Old Mutual Wealth's Mike Leeson.

The next phase for part surrenders of offshore life bonds

The next phase for part surrenders of offshore...Lock icon

The use of partial surrenders of offshore bonds can still make for a good tax-planning strategy, says Utmost’s Simon Martin, ahead of a restitution process set to be introduced by HM Revenue and Customs (HMRC) later this year.

Published : 8, Feb 2017
How to maximise pension benefits with Qrops - Boal & Co

How to maximise pension benefits with Qrops -...

Successful investment leading up to pension age plays a significant role in retirement outcome but taking full advantage of the taxation benefits available can equally help maximise an expat’s position.

Published : 13, Jun 2016
AES picks Xplan software to automate its business

AES picks Xplan software to automate its business...

AES International has decided to implement the advice and wealth management platform Xplan, developed by Australian technology company IRESS, to help remove time-consuming manual processes across its business.

Published : 26, May 2016
Technical briefing: Catching a wave

Technical briefing: Catching a wave

Solvency II is making a splash in Europe, with EU-based insurers riding the latest wave of regulation. Only time will tell how its arrival in the EU will impact life insurance companies.

Published : 20, Apr 2016
Technical briefing: Making sense of tax breaks

Technical briefing: Making sense of tax breaks...

There will be winners and losers as a new £5,000 dividend allowance is introduced from April and advisers should review wrappers and seek fresh solutions to ensure investors make most of the new tax break.

Published : 15, Feb 2016

Sponsored Content

Four types of tax evaders targeted in HMRC campaign
Four types of tax evaders...

Tax investigators are ramping up the pressure on tax...

Expat pensions at risk admits UK chancellor
Expat pensions at risk...

UK chancellor Philip Hammond has admitted the government...

FCA bans adviser spouses for 'calculated' deception
FCA bans adviser spouses...

The Financial Conduct Authority (FCA) has barred John...

'Outdated' EU directive will swamp advisers warns expert
'Outdated' EU directive...

International financial adviser Mazars has warned the...

Benchmark sets ‘comfortable’ UK retirement goal
Benchmark sets ‘comfortable’...

A series of national income targets could be used to...

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