Industry
Best Practice | 5 Jul 17
Eight tips to consider before advising millennials
Today’s millennials are tomorrow’s clients, says Craig Featherby, chief executive of South African advisory firm Carrick Wealth. Their different attitudes to things like money mean millennials use language differently to talk about it. In order to advise them, we need to understand how they communicate, he adds.
Standard Life adds offshore bond to Elevate platform
Standard Life has announced that its offshore bond will now be available on the UK insurer’s adviser platform business Elevate.
Ex-Spurs star Ramo Vega’s Swiss AM told to refund £60K fees
A wealth management firm founded by former Spurs footballer Ramon Vega has been ordered to refund nearly £60,000 ($68,330, €68,330) in fees by the UK’s financial ombudsman.
Best Practice | 5 Jul 17
Tax planning trustees warned over beneficial register deadline
Many trustees will have too little time to comply with the new rules for the beneficial ownership register of trusts, and others will have huge amounts of information to gather, international audit, tax and consultancy firm RSM has warned.
China cuts and delays VAT levy on asset managers again
China has cut and again pushed back plans to levy a value-added tax on asset managers for returns on assets under management, adding a further six-month reprieve on an already 14-month grace period.