Tax & Regulation | 7 May 15
Non-doms move toward mortgages for UK property funding
Non-UK resident individuals are increasingly seeking mortgage finance to fund their UK residential property purchases due to the introduction of the Annual Tax on Enveloped Dwellings (‘ATED’) and the advanced rate of stamp duty land tax for property purchased via certain ‘non-natural persons’, says law firm Edwin Coe.
North America | 7 May 15
Vanguard launches ‘robo-advice’ service in US
Pennsylvania-headquartered Vanguard has rolled out a ‘robo-advice’ service for clients in the United States.
RL360° to purchase Clerical Medical Int’l
Isle of Man-headquartered, RL360° Group, is to buy the international life arm of Lloyds Banking Group, Clerical Medical International Insurance Company (CMI).
Investment | 7 May 15
Axa Wealth Int’l posts Q1 growth amid ‘challenging’ market
Axa Wealth International has seen funds under management grow by nearly £0.5bn throughout the first quarter of 2015, as the wider Axa Wealth group records across-the-board growth.
Platform One to offer expat-friendly AIM IHT service
Platform One and Stellar Asset Management have partnered to offer the “first” AIM inheritance tax service available on a UK platform.