Tax & Technical | 4 Jan 13
beware the bite of the year of the snake
This year sees the arrival of RDR-compliance and a tax residency test, plus the continuing tax avoidance furore, all with important consequences for advisers, says Standard Life International's Julie Hutchison.
coutts reveals multi asset range
Wealth manager Coutts has launched a range of seven multi-asset funds, with management split between UK chief investment officer (CIO), Alan Higgins, and team, and Europe CIO, Norman Villamin, and his team.
Tax & Regulation | 4 Jan 13
oldest swiss bank to close after 74m fine for
The oldest Swiss bank is to close, having been fined $74m by the US authorities, after pleading guilty to charges of assisting US citizens avoid paying tax.
Tax & Regulation | 3 Jan 13
uks top tax cheats photographed receive 155
Thirty two of the UK’s top tax cheats received a total of more than 150 years in jail last year, as HM Revenue & Customs continued its crackdown on tax evasion.
slump in uk offshore bond sales continued
New business sales of UK-distributed offshore bonds continued to fall in the third quarter of 2012, as investors stayed away, and advisers concentrated on readying themselves for RDR.