Industry
Pioneer suspends two fixed income fund managers
Global asset management firm Pioneer Investments, has suspended two top fixed income fund managers at its Dublin-based operation, industry sources have confirmed.
Retirement | 7 Dec 16
Regulating Rops will ‘level playing field’, say providers
The UK’s plans to change the way overseas pension schemes are taxed and regulated have been welcomed by some providers, who say the changes will level the playing field between Rops and UK pensions and increase consumer protection.
Tax & Regulation | 7 Dec 16
HMRC tightens noose on advisers who enable tax avoidance
HMRC is to go ahead and issue hefty fines to financial advisers found guilty of helping their clients avoid tax, as it sets out clear guidelines on who exactly will be affected by the move.
Investment | 7 Dec 16
US asset manager Oppenheimer targets EMEA with Dublin Ucits
New York-headquartered asset manager OppenheimerFunds, has named former Alliance Bernstein director Doug Stewart to spearhead distribution across Europe, the Middle East and Africa for its newly launched Ireland-domiciled Ucits platform.
ABN Amro exits Asia and Middle East in Liechtenstein sale
The Dutch bank ABN Amro is to sell its private banking operations in Hong Kong, Singapore and Dubai totalling $20bn (£15.7bn, €18.6bn) in assets under management to LGT, the two groups announced in separate statements on Tuesday.