Tax & Regulation | 10 Apr 15
Non-Doms: The New Political Battleground
Some commentators were prompted to say that the election battle began in earnest earlier this week, with Ed Miliband’s announcement Labour will do away with the rules which provide for the remittance basis of taxation in the UK.
VAM Funds enters South Africa with 11 funds
Luxembourg-domiciled fund manager VAM Funds has entered the South African market, launching 11 funds in the region.
Retirement | 10 Apr 15
FOS upholds four new Harlequin complaints
The Financial Ombudsman Service (FOS) has upheld complaints from four individuals who claimed they had been given “unsuitable advice” to transfer their pension savings into troubled overseas investment scheme, Harlequin.
Generali merges Guernsey operations to increase expat focus
Generali International and Generali Worldwide Insurance Company will merge to capitalise on the globally expanding expat market, although the move will see the newly created firm withdraw from around 14 jurisdictions.
United Kingdom | 9 Apr 15
Sesame gives members exit ultimatum
UK-based financial advisory network, Sesame, has given its members three months to decide whether to take one of its “preferred routes” or leave the group.