Celebs face £635m tax bill as Supreme Court rejects appeal
Celebrity investors in a film scheme involving the distribution rights to two Disney films face a combined tax bill worth over £600m ($845m, €754m) after the Supreme Court rejected its final appeal against HM Revenue & Customs (HMRC) over £117m the scheme received in tax relief.
Tilney Bestinvest launches one-off advice service
Tilney Bestinvest is launching a new “one-off advice service” designed to serve clients who require advice on investing a single lump sum or making a round of portfolio changes.
Tax & Regulation | 14 Apr 16
Fund fees fall by a fifth after RDR
Investors are now paying over a fifth less in annual fund fees as a result of the introduction of the Retail Distribution Review (RDR), according to analysis by online investment platform rplan
Aberdeen launches shariah fund in Indonesia
Aberdeen Asset Management has launched its first Shariah equity fund which will focus on investments in India, Australia and Japan.
Macro Views | 12 Apr 16
IMF: Global growth “too slow for too long”
Global growth has been “too slow for too long”, according to the International Monetary Fund’s latest World Economic Outlook (WEO).