United Kingdom | 24 Oct 13
adviser opp as hmrc tgts overseas assets
Financial advisers now have big opportunity to add value to overseas assets held by clients which are now being “regularised” by HM Revenue & Customs for inheritance tax purposes, according to Skandia International.
mbmg to seek regulator approval to expand
MBMG Group, the Bangkok-based advisory firm specialising in advising expatriates, has said it intends to apply to the Singaporean financial services regulator for permission to expand its business in the city-state to include asset management advisory services.
blackrocks 36bn duo ready trust for rate hike
BlackRock’s $36bn duo is readying for the inevitable rise in US interest rates.
Update Mansion Student Accommodation Fund
Active Fund Services has suspended its Channel Island-listed Mansion Student Accommodation Fund.
Profiles & Comment | 23 Oct 13
fatca in laymans terms
The Foreign Account Tax Compliance Act (FATCA) has made waves in the upper reaches of the funds industry and caused concern to banks, custodians, insurance companies and trustees, but little news regarding its impact has yet spread to the wider world. Few ultimate clients of the international finance industry have yet heard of it.