Tax & Regulation | 6 Jul 15
Law firm calls for urgent review of SIPP provider liability
SIPP providers should be held fully accountable where an investor has not taken financial advice, a law firm has said in a letter to the chief of the Financial Conduct Authority (FCA).
Thailand’s SEC files criminal complaint against adviser PPI
Thailand’s Securities and Exchange Commission said it has filed a criminal complaint against Professional Portfolio International (PPI), a financial planning and wealth management firm with offices across Southeast Asia, and two of its employees for operating a securities business without a licence.
Profiles & Comment | 6 Jul 15
Summer Budget 2015: Saving the wealthy from record IHT rates?
Last week, it was revealed that HM Revenue & Customs took in a record £379m worth of inheritance tax (IHT) in April, but with the Tories today confirming a more lenient approach to the tax in Wednesday’s Summer Budget, what is the future price of passing down wealth?
T. Rowe Price: Vietnam’s removal of foreign ownership limits will lift economy
International investors will be able to take a 100% stake in Vietnamese companies when the country scraps its foreign ownership limits in September, which T. Rowe Price’s Oliver Bell said will remove reluctance to invest in the market.
BMO rebrands EMEA asset management business
BMO Financial Group has announced the rebranding of its Europe, Middle East and Africa asset management arm as BMO Global Asset Management.