mpf changes act as rdr dry run
In preparation for the ‘Employee Choice Arrangement’, a new initiative in Hong Kong under which clients will be permitted to move their Mandatory Provident Fund (MPF) assets to a new pension provider, financial advisers are drawing up fee structures in what could be interpreted as a “dry run” for an RDR-type environment.
em specialist renaissance registers
Emerging and frontier market specialist Renaissance Asset Managers has received approval to distribute its Ucits funds to retail investors in Switzerland.
Tax & Technical | 27 Sep 12
dispelling the tax haven myth
New research into the behavior of finance centres dispels the myth that so-called "tax havens" are poorly regulated and secretive, according to Jersey Finance's Geoff Cook.
fairbairn name may disappear as nedbank
Nedbank Group, a division of South African insurer Old Mutual, is restructuring its high net worth client proposition, with a number of its brands, including Fairbairn Private Bank, to be combined into one new entity.
aegon ireland reduces charges on wealth management
Aegon Ireland has revised the pricing structure on its Wealth Management Portfolio offshore bond, removing the fund based product charge and reducing the fixed quarterly charge.