Investment | 26 Jan 15
Life settlement group to sue unprofessional FCA
An action group will sue the FCA next month for unprofessionally labelling life settlements funds as death bonds.
Tax & Regulation | 26 Jan 15
Tax crackdown sees 60% surge in revenue
HMRC’s clampdown on tax avoidance and evasion saw the amount collected from mass affluent taxpayers soar by £137M according to a report from Pinsent Masons.
Rathbones joins FEIFA partnership
Rathbones Investment Management has become the latest company to join the Federation of European IFAs (FEIFA) partnership programme.
Chinas onshore HNWIs look offshore
Mainland high net worth clients are looking for A-share funds and offshore RMB-denominated products while showing increased interest in US exposure, according to Wing Lung Bank.
United Kingdom | 23 Jan 15
Bank of England vows not to gold plate Solvency
The Bank of England has reassured insurance companies that they will not be hit with enormous additional capital requirements when the long-awaited Solvency II regulations come into force next year.