canada life cuts onshore bond charge by half
Canada Life is reducing the establishment charge on its Flexible Investment Bond by 50% until September 6 this year.
fca reveals details of Ucis marketing ban
Enterprise investment schemes, venture capital trusts and ETFs are among the fund structures exempt from the Financial Conduct Authority's ban on the marketing of Unregulated Collective Investment Schemes (Ucis) to retail investors, much to the relief of industry experts.
bcg report offshore wealth grew
Offshore wealth defined as assets booked in a country where the investor has no legal residence or domicile rose by 6.1% in 2012, with Western Europe the predominant source and Switzerland “the most popular destination”.
Tax & Regulation | 5 Jun 13
cameron calls leaders of crown dependencies
David Cameron has asked the leaders of the UK’s overseas territories to come to London on the eve of the G8 Summit later this month, as he seeks to strengthen his position as an enemy of tax evasion.
Singapore life industry to revise sales
From 1 July, Singapore's life insurance industry will adopt a new, lower set of investment returns in the materials its representatives use to sell Singapore-dollar denominated participating (“par”) policies, in response to "the current low interest rate environment".