Retirement | 16 Oct 12
gibraltar minister licudi warns onus will be on
Gibraltar’s minister for financial services, Gilbert Licudi, said the onus will be on QROPS providers to ensure their schemes are compliant with HMRC rules, after its government passed legislation earlier this year to allow the schemes to go ahead.
People Moves | 16 Oct 12
boa ml appoints high profile asian banker
Bank of America-Merrill Lynch has reportedly appointed Margaret Ren, a prominent Asian banker and daughter-in-law of former Chinese Premier Zhao Ziyang, as its new chairman.
People Moves | 16 Oct 12
kleinwort adds to jersey based private
Kleinwort Benson has made two senior hires to its Jersey-based offshore private wealth management business.
mpf returns fees vary substantially study
Almost half of some 341 Mandatory Provident Funds surveyed by a Hong Kong consumer body posted negative annualised returns for the last five years, spotlighting the challenge ahead for company employees who next month will begin to have the option of choosing their MPF providers.
Cayman firm Verredus launches first fund
Cayman based fund manager Verredus Funds has launched its first fund, the Verredus Managed Receivable Capital Growth Fund.