osborne to create perfect storm offshore assets
UK chancellor George Osborne is set to unleash a new strict liability rule and higher penalties to capture those with offshore assets who are ignoring their tax obligations, according to a leading tax expert.
North America | 26 Nov 14
hsbc fined for illegally advising us clients
HSBC’s Swiss private bank was fined $12.5m (£8m, 10m) yesterday for offering services to US clients without being properly registered.
Retirement | 25 Nov 14
OMGI distributor deals annuity replacement
Old Mutual Global Investors is at an “advanced stage” of setting up partnerships with selected life companies and platforms to develop pooled fund products for the retirement market, in readiness for next year’s radical UK pension regime reforms.
Technology | 24 Nov 14
One fifth of clients not commercially viable rdr
A significant number of financial advisers in the UK have shed more than 20% of their clients because they are no longer commercially viable in the post RDR world, research by online platform Rplan has revealed.
The alpha male Asset allocator with Deutsche
Analysis and tactical thinking are what drive Phil Poole, and hes rising to the challenge with his new role at Deutsche AWM