old mutual am creates new head of benelux role
Old Mutual Asset Management, the US-based asset management arm of Old Mutual, has appointed Pascal Vernaeve to the newly created role of head of Benelux sales.
Tax & Regulation | 17 Jul 12
societe generale to repay 11m to customers
French banking giant Société Générale is to repay more than $11m to customers in Hong Kong after the City watchdog reprimanded it for overcharging on certain over-the-counter investment products sold by its wealth management division.
defaqto research foresees post rdr fall
The proportion of business focused on tax wrapped investments is likely to fall from 21% in the pre-retail distribution review UK market to 13% in 2013, according to a survey of advisers carried out by Defaqto, the financial research organisation.
Tax & Regulation | 16 Jul 12
family inheritance disputes jump 19
As the very public inheritance row involving Frances richest woman, L’Oréal heiress Liliane Bettencourt, and her daughter might suggest, the younger generation does not always react with deferential gratitude to the share of the family fortune they are allocated.
Multi Media | 16 Jul 12
The special requirements of US citizens and a more relevant act than FATCA
Iain comments on how London & Capital specialises in ensuring that US citizens are compliant with the US authorities, in contrast to the many other advisers who do not want to know. He also give an insight into why FATCA is a misnomer and another act has more relevance.