Industry
‘Dramatic year’ fails to dent Praemium’s growth
Strong growth both in Australia and internationally pushed funds under administration at Praemium up 28% to A$6.1bn (£3.6bn, $4.7bn, €4bn) in spite of the boardroom turmoil that saw the company’s chief executive sacked and then return a few months later.
Standard Life Aberdeen creates £11bn investment giant
The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed on Monday.
Investment | 13 Aug 17
Why the tech sector keeps on giving
Technology shares worldwide had a roaring first half of 2017, but questions are now being asked about the outlook as concerns grow over the prospects for some of the sector’s biggest names.
Tax & Regulation | 11 Aug 17
Mazars cleared of bad advice charge by UK Ombudsman
A man who had to pay additional taxes after losing his lifetime allowance (LTA) protection on his pension plans was not poorly advised by the financial planning arm of UK accountancy firm Mazars, the ombudsman has found.
North America | 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.