Tax & Regulation | 6 Aug 12
cayman business leaders challenge expat tax plan
The battle over Cayman Islands premier McKeeva Bushs plan to implement the territorys first-ever income tax continued to rage over the weekend, with Cayman business leaders proposing alternative schemes on Saturday.
totus remodels to target X-border hnwis
Totus, an independent financial advisory business founded 25 years ago in London, has revamped its business model, as it seeks to cater for the evolving needs of wealthy Europeans, particularly Britons and British expatriates living on the Continent.
Retirement | 3 Aug 12
devere Ignore pension busting warnings
International advisory firm the deVere Group is warning advisers and consumers that to ignore HM Revenue & Customs warnings over pensions busting schemes is to do so at your peril.
North America | 3 Aug 12
fatca creates strategic dilemma for wealth
The US Foreign Account Tax Compliance Act (Fatca) poses a genuine risk to the UK’s financial services, as the costs of implementing a compliant investment solution for US clients are simply too high, according to wealth manager London & Capital.
axa wealth intl sales fall by more than a third
Sales at Axa Wealth International slumped during the first six months of this year, although parent company Axa Wealth has reported increased sales in all of its other business units.