Industry
Adviser recruitment review positive for clients in Singapore
Most IFAs in Singapore believe that a review of the industry’s recruitment practices by the city state’s Life Insurance Authority (LIA) will have a positive impact on client outcomes.
€8bn refund on cards following French tax ruling
A French Constitutional Court ruling that a 3% surtax on dividends was unconstitutional is expected to see about €8bn (£7.15bn, $9.4bn) claimed in refunds.
PEOPLE MOVES: Generali, HSBC Life, Lombard Odier
Generali Group parts ways with its chief insurance officer, HSBC Life appoints a new chief executive and Lombard Odier pulls its new head of family wealth services from UBP.
Best Practice | 20 Oct 17
HMRC sets out ‘opaque’ abusive tax scheme penalties
Advisers who enable abusive tax avoidance schemes face penalties that will take into account “relevant considerations”, draft guidance from HM Revenue & Customs revealed on Friday.
Best Practice | 19 Oct 17
New tax register ‘burdensome’ for beneficiaries
Beneficiaries who fail to comply with the UK’s new Beneficial Trust Register may face fines and prosecution, warns accounting, tax and advisory practice Blick Rothenberg.