Investigators poised for STM ‘management responses’
Investigators from Deloitte looking into compliance at STM subsidiaries in Gibraltar will finalise their report “on receipt of the respective management responses from the various Gibraltar businesses”, the financial services firm said.
Ex-C Hoare and First Names trio to enhance index service
The former heads of C. Hoare & Co Wealth Management, James Hoare and Annamaria Koerling, together with Andrew de la Haye, deputy managing director of First Names Group, have acquired a majority stake in Enhance MPI Ltd.
International wealth boutique buys into UK IFA
London-based wealth manager Dolfin has formed a strategic partnership with the advisory group Alexander House Financial Services.
Pension firm with 15 schemes shuttered by UK court
A group of 15 rip off pension schemes operated by a single company, which duped savers and allowed “unsavoury advisers” to pocket £4m in commissions, have been declared insolvent.
‘Monstrous’ offshore bond tax regime ripe for review
In a wide-ranging review of the tax treatment of pensions and savings income, the UK’s Office for Tax Simplification has called for HM Revenue & Customs to launch a review into life insurance withdrawals.