Most IFAs tweak business models ahead of ‘sunset’ deadline
The majority of UK-based advisory firms receive most of their recurring revenue from fees, a sure sign that many have made significant changes to their business models in the run up to next year’s ‘sunset’ deadline.
Investment | 10 Aug 15
Stewardship drives long-term rewards, says Hermes
Environmental, social and corporate governance, or ‘ESG’, is becoming increasingly fashionable, said Hermes’ Rhodri Mason, but ESG is a far cry from what he considers to be the real long-term game-changer: stewardship.
UK expats must review wills ahead of EU succession rules
UK residents with assets in Europe could become liable for a heavy tax bill on their death as a result of changes in EU cross-border succession rules due to become effective next week.
Tax & Regulation | 10 Aug 15
Guernsey dropped from EU tax blacklist
Guernsey has been removed from a blacklist issued by the European Commission which named and shamed 30 allegedly uncooperative tax jurisdictions.
People Moves | 10 Aug 15
Hargreaves Lansdown poaches CFO from IG Group
UK advice firm Hargreaves Lansdown has poached IG Group’s chief financial officer just weeks after the financial spread-betting firm’s chief executive announced his retirement.