United Kingdom | 5 Dec 12

Chancellor George Osborne today targeted wealthy taxpayers with a reduction in the annual allowance on pension contributions, and vowed to pursue tax avoiders, as part of a general strategy of trying to make do with less.

Middle East | 5 Dec 12

Financial services in the Gulf Cooperation Council countries will benefit from forthcoming changes to regulation, according to leading figures within the industry who recognise there is a need to deal with issues such as trust and product awareness.

People Moves | 5 Dec 12

Insparo Asset Management has appointed a former equity fund manager as head of marketing as it seeks to attract a wider group of international investors, particularly from the US.

Europe | 4 Dec 12

The European mutual funds industry witnessed further consolidation in the third quarter as fund closures outnumbered new launches, data from Lipper shows.

Asia | 4 Dec 12

Hong Kong’s government has published the conclusions of a three-month consultation carried out earlier in the year to gauge industry views on plans to reform and modernise the special administrative region’s trust laws.