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Pension flexibility extended but advice restricted to FCA regulated firms

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Increased flexibility on pensions announced in the UK Budget earlier this year will be extended...
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HMRC tax avoidance proposals receive Royal Assent

From Tax & Regulation Jul 21 2014 @ 04:00

Proposals by HM Revenue & Customs to crack down on tax avoidance have now received Royal Assent.
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Simon Danaher

Qatar National Bank launches debt fund

From Products Dec 6 2012 BY: Simon Danaher , Online Editor , International Adviser

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The Qatar National Bank has launched a debt fund, becoming the first bank in Qatar to launch a fund of this kind.

The QNB Debt Fund will invest in debt securities issued by GCC-based sovereign and corporate entities and is open to retail and institutional investors.

QNB said GCC bonds offer a “combination of attractive rates of return (and superior levels of underlying credit risk) which is not generally available elsewhere”.

Denominated in Qatari riyals, the fund has a minimum investment requirement of QR 20,000. Further investment thereafter will be in multiples of QR 10,000. The fund is regulated by the Qatar Central Bank.
 

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