EU probe into Spanish expat fines delayed – Blevins Franks
An EU investigation into a Spanish law, which requires every expat to declare all their foreign assets worth over €50,000 (£39,353, $56,762) or face heavy fines, may drag on for years, European advisory firm Blevins Franks has revealed.
Best Practice | 7 Jun 16
UK advisers working longer hours, charging £157 per hour
More than a quarter of UK financial advisers are working longer hours, charging an average hourly rate of £157 ($226, €199), according to research from British insurer Prudential.
Elian sold to Dutch firm Intertrust
Jersey headquartered fiduciary services company Elian Group is to be sold for £435m ($627m, €553m) to Dutch trust and corporate services provider Intertrust.
African dream: a profile of Carrick Wealth
Craig Featherby’s start-up, Carrick Wealth, has hit the ground running, benefiting from South Africa’s burgeoning offshore funds market. He shares his inside view on the country’s current economic troubles.
Emerging Markets | 7 Jun 16
HSBC overweight emerging market equities
A cautious US Federal Reserve, stabilisation of oil prices and accommodative monetary policies are among the factors expected to drive emerging market equities, according to HSBC Private Bank.