Retirement | 7 Apr 15
Budget kick-starts annuity sales market
The UK Government’s final Budget before the country takes to the polls in the general election in May revealed plans to extend pension reforms to allow existing annuity holders to sell their contracts from 2006.
Man GLG launches European mid-cap fund
Man GLG, the discretionary investment management business of Man Group, has launched the Man GLG European Mid-Cap Equity Alternative Fund, managed by Moni Sternbach.
Fresh Stock Connect rule signals boost in China-HK investment channel
A new rule which allows Chinese mutual funds to invest in Hong Kong-listed shares without a domestic institutional investor licence (QDII) is an “important signal” that regulators are eager to boost cross-border trading between the two regions.
Offshore Bonds | 2 Apr 15
Offshore evaders face ‘endgame’ under Common Reporting Standard
Tax evaders hiding assets offshore will face an “endgame” when the OECD’s Common Reporting Standard is introduced next year, Blevins Franks has said.
Tax & Regulation | 1 Apr 15
Nine in 10 advisers still reliant on trail commission
Trail commission remains an important driver of income for 93% of advisers despite the charge being completely banned from next April, a survey has found.