Tax & Regulation | 26 Jan 15
Tax crackdown sees 60% surge in revenue
HMRC’s clampdown on tax avoidance and evasion saw the amount collected from mass affluent taxpayers soar by £137M according to a report from Pinsent Masons.
Chinas onshore HNWIs look offshore
Mainland high net worth clients are looking for A-share funds and offshore RMB-denominated products while showing increased interest in US exposure, according to Wing Lung Bank.
United Kingdom | 23 Jan 15
Bank of England vows not to gold plate Solvency
The Bank of England has reassured insurance companies that they will not be hit with enormous additional capital requirements when the long-awaited Solvency II regulations come into force next year.
United Kingdom | 23 Jan 15
Coutts appoints head of fiduciary investments
Coutts has appointed a new head of fiduciary investments as it continues to invest in its Jersey trust business.
Manulife Singapore unveils HNWI products
Manulife Singapore has introduced three products to cater for high-net worth individuals.