Industry
Dwindling UK non-doms pay record £9.4bn in tax
UK non-domiciled taxpayers handed over a record sum to HM Revenue & Customs in 2016/17 despite their numbers dropping by a quarter.
Advisers face ‘battering’ over China regulations
China’s new asset and wealth management guidelines will likely trigger a fresh wave of consolidation despite some recent revisions, according to Andrew Xia of Noah Holdings, a private Chinese asset management service provider.
UK regulator must see danger in the Priip Kid
The Association for Investment Companies (AIC) has added its voice to the criticism of the key information document (Kid) required under the retail investment and insurance products (Priip) regulations following a call for feedback by the UK’s Financial Conduct Authority (FCA).
PEOPLE MOVES: Abacus Financial Consultants, Butterfield, Nucleus
Abacus Financial Consultants head of recruitment joins recruitment boutique, Butterfield appoints for Asia push and Nucleus names two non exec directors and remuneration chair.
Former Arsenal football agent loses £1.2m tax battle
A former top football agent, who had players on his books from Arsenal, Chelsea FC and Blackburn Rovers, has lost his £1.2m (€1.35m, $1.58m) tax battle with HM Revenue & Customs.