ING completes sale of Thai investment business
ING has completed the sale of its Thai investment management business to UOB Asset Management, marking the company’s exit from another Asian country.
devere cayman office nears launch
The deVere Group plans to open its first office in the Cayman Islands within days, and will aim to staff it initially with around “four to six advisers”, according to chief executive Nigel Green.
Tax & Regulation | 2 May 13
hmrc clampdown on offshore trusts face jail
UK residents who have access to money through offshore trusts are being advised to check that their arrangements are still within the current tax laws following HMRC’s recently announced swoop on trusts that are being used to hide income and wealth overseas.
Retirement | 2 May 13
harbour pensions opens to new business
Harbour Pensions, a recently established Malta based trust company, has launched a new QROPS proposition.
Tax & Regulation | 2 May 13
osborne claims significant step forward
UK chancellor George Osborne claims to have a made a “significant step forward in tackling illicit finance”, after the Treasury announced “all British Overseas Territories with significant financial centres” had agreed to sign up to its latest strategy on tax transparency.