Retirement | 27 Mar 12
guernsey enacts new pension regime
As expected, Guernseys State Legislative Committee yesterday approved a proposed new pension regime aimed at enabling the island to continue to look after UK pensions transferred there by those leaving the UK for good.
People Moves | 27 Mar 12
shaughnessy departs Fidelity for Zurich
Fidelity’s UK managing director Gary Shaughnessy is to depart the firm to head up Zurich’s UK Life business from June 2012.
Middle East | 27 Mar 12
pinebridge poaches swf head eyes mena expansion
Independent multi-asset manager PineBridge Investments has recruited the former head of Bahrains sovereign wealth fund, to lead its Middle East and North Africa business.
United Kingdom | 27 Mar 12
state street gets deposit taking licence in jersey
State Street Corporation, the New York-listed financial services provider, has been granted a deposit-taking banking licence by the Jersey Financial Services Commission, making it the first Boston-headquartered bank to hold such a licence there.
Tax & Technical | 27 Mar 12
offshore bond analysis skandia
The Finance Bill 2012 has seen the removal of the opportunity to offset deemed gain tax credits for non UK tax residents investing in highly personalised offshore portfolio bonds.