North America | 20 Jun 14
irs targets swiss banks with penalty
IRS commissioner John Koskinen has announced a revised version of the amnesty programme aimed at encouraging US citizens to declare offshore bank accounts, which includes tough penalties for wilful non-disclosure.
Middle East | 19 Jun 14
invesco builds sales team in middle east
Invesco has named Andrew Downing as regional sales manager for its Middle East team as part of its strategy to increase coverage of the life companies and financial advisers based there.
asia pacific fuels record rise in hnwis
The number of high net worth individuals across the world surged by 14.7% to 13.7m over the last year, according to a survey by Capgemini and RBC Wealth Management.
Retirement | 16 Jun 14
radical new products in prospect says survey
Lifetime pension accounts, care funding annuities and 20 year retirement bonds are just some of the radical innovations predicted by independent pensions expert Ros Altman in a forward-looking retirement report.
canada life intl unveils plans for isle of man hq
Canada Life International has unveiled plans for its new purpose-built corporate headquarters at Ballacottier Business Park on the outskirts of the Isle of Man’s capital Douglas.