ANALYSIS: Is the ECB scared to turn off the QE tap?
European Central Bank president Mario Draghi delivered a relatively short address after the October governing council meeting on Thursday which was light on substance, but there was something in his remarks that may worry investors.
Investment | 20 Oct 16
Merrill Lynch ditches US expats in account closures
Merrill Lynch, one of the ‘big four’ investment banks in the US, will no longer work with US citizens living abroad following the closure of all expat accounts earlier this month, a UK-based IFA firm has confirmed.
US asset manager Cohen & Steers initiates UK push
American asset manager Cohen & Steers has initiated a fresh push into the UK investment market and plans to launch two new funds as part of the effort.
Best Practice | 20 Oct 16
Portugal’s property levy to ‘benefit’ some expats
An annual property tax proposed last week by the Portuguese government on homes worth over €600,000 (£538,572, $660,108), may be “beneficial” for some of the thousands of British expats settled there, according to two leading tax experts.
Best Practice | 14 Oct 16
Expert urges pension rethink as UK sales slide
Sales of personal pensions fell by 6.8% in the second quarter of this year as a leading tax expert urges the UK government to do more to get the country’s retirement savings “back on track”.