Industry

Companies | 23 Jan 17

deVere Group, one of the world’s largest independent financial advisory organisations, has launched its own private bank on the Caribbean island of St Lucia.

Asia | 23 Jan 17

Pictet has launched a robotics-themed fund, which is tied to cyclicality and capex spending and linked to a country’s economic health, according to Peter Lingen, the asset manager’s Geneva-based senior manager for thematic equities.

Best Practice | 23 Jan 17

In this first instalment of a two-part series on Qnups in wealth planning, director of Isle of Man-based pension provider Optimus, Martin Hall says the retirement solutions are great for those restricted by the dwindling lifetime allowance cap.

Tax & Regulation | 20 Jan 17

The more than 97% decrease in fines levied by the UK regulator against financial institutions does not signal a return to light touch regulation, says Mark Steward, director of enforcement and market oversight at the Financial Conduct Authority (FCA).

Tax & Regulation | 20 Jan 17

Requests from HM Revenue & Customs (HMRC) for beneficial ownership information on offshore companies and trusts may conflict with legal professional privilege (LPP), says the Law Society of England and Wales.