Retirement | 30 Nov 12
new zealand qrops face potential 33 tax rate
Pension transfers from overseas schemes into New Zealand, including QROPS, may be subject to an “effective tax rate” of up to 33% if proposed changes to the country’s tax legislation go ahead.
Profiles & Comment | 29 Nov 12
storms ahead for the qrops industry
As 2012 comes to a close, Montfort International managing director Geraint Davies voices his concern that there could be trouble ahead for the overseas pension scheme sector…
Middle East | 29 Nov 12
hsbc bank oman seeking buyer for five
HSBC Bank Oman is looking for buyers for five Indian and Pakistani branches of what until recently was known as Oman International Bank (OIB), the Times of Oman has reported, quoting “a senior official” of the bank.
People Moves | 29 Nov 12
homecoming for two fund managers re joining
Two fund managers are to re-join Principal Global Investors as part of its emerging markets equity team.
axiom legal fund drama continues with libel
Timothy Schools, the founder of an allegation-hit legal financing fund, has filed a libel action in the High Court in London against the publisher of the Miami-based OffshoreAlert news website, claiming that a series of recent articles about his business had done “damage” to his reputation.