Industry
An insight into Standard Life Aberdeen’s young Abu Dhabi office
One of the youngest international offices in the merged Standard Life Aberdeen Group was set up by Aberdeen Asset Management in late 2016, before two businesses combined.
PEOPLE MOVES: SJP, Guernsey Finance, Pensionhelp
St James’s Place hires a partner from Odyssey Asset Management, Guernsey Finance appoints a permanent representative in Hong Kong and Pensionhelp snares an ex-Financial Conduct Authority (FCA) heavyweight.
FCA leaves pension providers in the dark on climate risk
Pension providers have called on the Financial Conduct Authority (FCA) to provide clarity about their obligations in managing climate risk in contract-based pensions and for the regulator to better align itself with The Pensions Regulator, which oversees trust-based pensions.
Best Practice | 6 Mar 18
HMRC fires warning shot at offshore tax dodgers
Time is running out for anyone with undeclared offshore assets before tougher penalties kick in giving HM Revenue & Customs more time to investigate when people have failed to declare the right amount of tax.
Best Practice | 6 Mar 18
First unexplained wealth orders issued in £22m case
The UK’s National Crime Agency has secured the first unexplained wealth orders to uncover if two properties are ultimately owned by a politically exposed person, less than a month after the legislation was introduced.