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Threat to tax break for expats under consultation

Tax & Regulation | 28 Jul 14

Threat to tax break for expats under consultation

Plans to disallow UK non-residents from benefiting from the personal allowance could mean those who work abroad for their companies are “significantly worse off”, according to top 20 accountancy firm Saffery Champness.

CISE poaches Guernsey Finance CEO

People Moves | 28 Jul 14

CISE poaches Guernsey Finance CEO

The Channel Islands Securities Exchange (CISE) has appointed a new chief executive following its rebrand from the Channel Islands Stock Exchange (CISX) after a period of scandal last year.

Aberdeen outflows reach 5pt5bn

United Kingdom | 28 Jul 14

Aberdeen outflows reach 5pt5bn

Aberdeen Asset Management was hit by £5.5bn net outflows in the three months up to 30 June, the company said in its nine month interim management statement.

Skandia appoints FPIs Firman to lead Africa push

People Moves | 28 Jul 14

Skandia appoints FPIs Firman to lead Africa push

Skandia International has appointed Matthew Firman as its new area manager for Africa.

SIPP provider ordered to pay UCIS compensation

United Kingdom | 28 Jul 14

SIPP provider ordered to pay UCIS compensation

The Financial Ombudsmen Service (FOS) has upheld a complaint against SIPP provider Berkeley Burke for failing to meet FCA guidelines over a collapsed £29,000 unregulated collective investment scheme, the first time a provider has been held accountable in such circumstances.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.