Triggering of Article 50 a fresh blow for Qrops
The UK government’s move on Wednesday to kick start the official two-year process for leaving the European Union is likely to be a further blow to a Qrops industry still reeling from the shock 25% charge imposed earlier this month.
Best Practice | 29 Mar 17
HSBC GAM latest passive provider to join ETF Forum
HSBC Global Asset Management is the latest exchange-traded fund (ETF) provider to join the ETF Forum, an industry body tasked with educating UK financial advisers about the passive investment products.
Tax & Regulation | 28 Mar 17
UK delays non-dom tax changes to offshore trusts until 2018
The UK government has delayed changes to the treatment of overseas trusts held by non-UK domiciles, amid concerns the reforms may force out Britain’s wealthiest foreigners.
India’s largest bank to sell life unit stake in IPO listing
India’s largest lender, the State Bank of India (SBI), has announced that it is looking to sell a 10% stake in a life insurance joint venture with SBI Life, as it prepares to launch an initial public offering (IPO).
North America | 27 Mar 17
BlackRock and Vanguard call for delay to US adviser reforms
BlackRock and Vanguard have called on US officials to delay the introduction of landmark rules forcing financial advisers to act in the best interests of their clients, raising concerns the new regulations will confuse investors and add unnecessary costs to the financial service industry.