Companies
New Zealand scraps proposed tax on fund management services
After it caused a ‘significant media backlash’
Advice company under investigation enters liquidation
Lifeboat scheme has received claims against the firm relating to the British Steel pension transfer scandal
Nine US investment advice firms charged with regulatory breaches
They have all agreed to pay combined penalties of over $1m
Investment manager to reduce exposure to ‘riskiest asset classes’
Company remains on a ‘defensive footing’
Blacktower unveils Portugal expat service for US nationals
Firm plans to expand offering across Europe ‘and perhaps internationally in the near future’