PEOPLE MOVES: Franklin Templeton, Axa, FCA
Franklin Templeton appoints a lead manager for emerging markets team, Axa IM launches a business development department and the Financial Conduct Authority appoints an executive director of international to oversee Brexit developments.
Investment | 2 Feb 18
Provident Financial’s shares up 5% as new CEO confirmed
Provident Financial’s share price gained on Friday morning after confirming it had finally found a replacement chief executive.
£5.1bn UK advice firm up for sale
Despite growing assets under management by 10%, the parent company of UK advice firm Saunderson House is looking to sell the business. Sipp provider James Hay will be retained, even as it faces a £20m fine for investments in defunct Guernsey-listed biofuel scheme Elysian Fuels.
Tax & Technical | 2 Feb 18
Fresh guidance issued on stricter non dom rules
HM Revenue & Customs has released guidance on its updated non dom rules.
Best Practice | 2 Feb 18
Pension freedom rumours rife on Isle of Man
Multiple sources have told International Adviser that pension freedoms will likely be included in this year’s Isle of Man Budget, to be released on 20 February.