European wealth managed by 3 firms
Wealthier clients use a greater number of advice firms
‘Death bond’ investor action group to take on UK Gov’t
A consumer action group has been set up by investors in a so called “death bond” fund to take on the UK Government which it believes holds responsibility for investor losses.
Tax & Regulation | 5 Feb 14
fsa targets death bonds
The FSA has set its sights on banning the sale of traded life policy investments (TLPIs) to UK retail investors‚ calling them 'high risk and toxic' products.
Middle East | 4 Feb 14
uae insurance authority signs new broker
Legislation introducing tighter‚ more punitive rules for brokers based in the United Arab Emirates is believed to have been signed into law.
North America | 4 Feb 14
republican party unveils abolish fatca
Following up on the Republican National Committee's approval last month of a resolution calling for the repeal of FATCA‚ an independent overseas Republican organisation has posted an online petition‚ to give opponents of the act a chance to tell Congress how they feel about it.