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Ireland triples tax take from super wealthy, raking in €500m

Europe | 3 Mar 17

Ireland triples tax take from super wealthy, raking in €500m

More than half a billion euros was collected by the Irish tax authorities last year from 571 of the country’s wealthiest individuals.

Aus bank boss nabs pay rise despite fleecing advice clients

Asia | 3 Mar 17

Aus bank boss nabs pay rise despite fleecing advice clients

At a grilling in parliament on Friday, the chief executive of the National Australia Bank revealed its head of financial planning had received a 36% pay rise even after it emerged customers had been charged A$34.7m ($26m, €25m, £21.5m) for advice they did not receive.

Understanding estate planning in France

Best Practice | 3 Mar 17

Understanding estate planning in France

Estate planning in France is made far more challenging by ‘forced heirship’ succession law and inheritance tax rates of up to 60%, explains Jason Porter, director of European IFA firm Blevins Franks. The regime is particularly daunting for complex family situations.

Lyxor launches green bond Ucits ETF

Investment | 2 Mar 17

Lyxor launches green bond Ucits ETF

Lyxor Asset Management, the European fund manager wholly owned by Societe Generale, has launched what it claims to be the world’s first green bond exchange-traded fund (ETF).

US Labor Department proposes 60-day delay to adviser reforms

North America | 2 Mar 17

US Labor Department proposes 60-day delay to adviser reforms

The US Labor Department has proposed a 60-day delay for the start of the fiduciary rule, which requires financial advisers to act in the best interests of their clients, in a move signalling a possible derailment of the controversial reforms.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.