Should Australia introduce a UK-style restricted advice model?
With the vertically-integrated advice model under fire and the cost of financial advice being more than the average Australian is prepared to pay, could a UK-style tied model be the solution?
Investment | 19 Jun 18
7IM assets up 14% ahead of acquisition
Seven Investment Management (7IM) ended 2017 with assets under management at £12.4bn ($16.4bn, €14.1bn), up 14% from £10.9bn in 2016.
Spanish tax inquiries triggered by common reporting standard
It is only “a matter of time” before an innocent international client is accidentally snared by the Common Reporting Standard (CRS), according to a European tax adviser with clients who have received tax investigation notifications.
Best Practice | 19 Jun 18
Why the GDPR affects advisers and their clients – no matter where they are based
The General Data Protection Regulation (GDPR) is the biggest overhaul of European data protection and privacy law for more than 20 years. It came into force on 25 May 2018 and is designed to harmonise data privacy laws across Europe, improve data security and reinforce the obligations of organisations that hold and store data.
PEOPLE MOVES: Architas, Macquarie IM, South Africa taxman
Architas’ investment director is to depart and join a DIY platform, while Macquarie Investment Management makes two senior Hong Kong hires and ongoing conflict means more leadership delays at the South Africa Revenue Service.