more than two thirds of ia readers against
Almost a quarter of International Adviser readers believe commission is the “crack cocaine” of the industry and should be banned across the world, according to a recent poll, although most would not want to see it banned.
Tax & Regulation | 21 Nov 12
new us money transfer rules seen welcome
New US regulations governing the way US institutions send money abroad on behalf of individuals are being cautiously welcomed by advisers and currency trading experts outside the US. But some worry they could be too onerous, at least in the beginning.
spdr launches em corporate bond etf
SPDR ETFs has launched an emerging market corporate bond fund listed in Germany and the UK.
Tax & Regulation | 21 Nov 12
hmrc struggles to deal with tax avoidance
HM Revenue & Customs is currently investigating 41,000 cases of tax avoidance in the UK with an estimated £10.2bn at stake, according to a detailed report conducted by the National Audit Office, which said “there is little evidence HMRC is making progress in preventing the sale of highly contrived tax avoidance schemes”.
Middle East | 21 Nov 12
coutts opens new uae office in difc
Coutts & Co, the London-based private bank and wealth manager, has opened an office in the Dubai International Financial Centre today, 13 years after it first entered the UAE market in Dubai.