SJP Asia reports £13m loss while CEO Bellamy to step down
David Bellamy, chief executive of St James’s Place (SJP), will step down from his role at the end of 2017 as the group’s Asian business reports a £13.2m (€15.5m, $16.4m) loss.
European robo-adviser ETFmatic to target IFAs
The chief executive of fledging robo-adviser ETFmatic has said the company is looking to target the IFA market as it continues to expand across Europe.
Brexit database to be launched for British expats in Europe
University of Cambridge academics are compiling a database to enable UK expats living in the EU to receive up-to-the-minute advice throughout the negotiation process once Britain triggers Article 50 later this year.
Malta slammed over ‘aggressive’ tax planning rules
Some of Malta’s tax rules may be used in structures of aggressive tax planning, a new report by the European Commission has found.
South Africa budget targets high earners with top rate hike
South Africa finance minister Pravin Gordhan has announced a new top tax bracket of 45% in his 2017 Budget.