Tax & Regulation | 7 Mar 17
UK advisers to alert HMRC if clients use offshore tax structures
Financial advisers in the UK could be required to notify HMRC of all clients using offshore tax planning structures, according to George Bull, a senior tax partner at tax and consulting firm RSM, adding that the measure could be rolled out in the UK’s last ever Spring Budget on Wednesday.
Risks rising in UK equity income sector, says Neptune
UK equity income managers are corrupting what is supposed to be a “safe sector” by taking too much dividend and capital risk, according to Neptune Investment Management chief executive Robin Geffen.
Emerging Markets | 7 Mar 17
Jupiter unveils global emerging markets corporate bond fund
Jupiter has launched a global emerging market corporate bond fund for its new hire Alejandro Arevalo, who joined the asset manager in December from Pioneer Investments.
PEOPLE MOVES: Standard Life/Aberdeen, RWC Partners, Zedra
New senior management team unveiled for the soon to be merged Standard Life and Aberdeen Asset Management. Amundi has appointed a head of consultant relations, with Zedra hiring an executive director to target growth opportunities.
Int’l life company closures in HK ‘likely in near future’
Hong Kong will see an acceleration of the departure and downsizing of international life companies unless significant tax measures are taken to secure it as an insurance hub, according to an influential government advisory body.