Industry
Federation of European IFAs hits 50 firms
The Federation of European IFAs has grown its membership to 50 with the recent acquisition of three new firms.
UAE predicts $3.3bn boost in first year of VAT
Saudi Arabia and the United Arab Emirates introduced a Value Added Tax (VAT) levy for the first time on 1 January, which is expected to produce an income of $3.3 billion for the UAE government in just one year.
Best Practice | 2 Jan 18
Swiss advisers on life after Fatca
Five years after the US introduced stringent regulations that required foreign financial institutions to report the assets of US-domiciled clients, Swiss IFAs tell International Adviser the move has created greater specialisation across the industry and is still having an impact.
People Moves | 2 Jan 18
PEOPLE MOVES: FCA, SJP, Penningtons Manches and others
The lawyer, who advised the UK government during the financial crisis, looks set to lead the Financial Conduct Authority, St James’ Place new chief executive started settling in at the adviser and private client lawyers Penningtons Manches appoints a trio to its offices.
IDD to be pushed back 7 months
The European Commission is to push back the Insurance Distribution Directive (IDD) by seven months to 1 October 2018.