People Moves | 11 Jun 13
new ceo appointed at generali investments europe
Generali Investments Europe has appointed Santo Borsellino as its new chief executive, to replace current CEO Philippe Setbon who is leaving the business.
Tax & Regulation | 11 Jun 13
hmrc closes advisers 24m tax avoidance
HM Revenue & Customs has won a Tribunal to close down a tax avoidance scheme which had sought to cheat the public purse of £2.4m through the use of Employee Benefit Trusts.
Investment | 11 Jun 13
harlequin investor group issues
A group of investors in off-plan luxury properties being developed by an embattled UK-based property company has put together an “outline” for what it calls an investor-based offer for the company’s assets.
Credit Suisse fined HK$16m by SFC
Credit Suisse Securities has been fined more than HK$1.6m by the Securities and Futures Commission in Hong Kong.
death bonds a win win product
Controversial traded life policy investments (TLPIs) could have provided investors with an average expected return of 12.5% per annum, while Americans selling them have collectively received more than four times the amount they would have from their life insurance companies.