Industry
People Moves | 27 Sep 16
PEOPLE MOVES: L&G, MUFG, SuMi Trust, SYZ AM
L&G has appointed ex-chief executive of Scottish Widows to its board of directors, while MUFG names its new business development director for EMEA. SuMi Trust has hired Yukihiro Murota as the head of its international unit as SYZ Asset Management finds a new head of sales for Italy.
Tax & Regulation | 27 Sep 16
Trump calls tax avoidance ‘smart’ in live debate with Clinton
Donald Trump called tax avoidance “smart” during the first live US Presidential TV debate with rival Hillary Clinton in New York.
Middle East | 27 Sep 16
Dubai regulator fines insurer for sales outside permitted zone
The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers outside the centre.
Tax & Regulation | 26 Sep 16
HMRC wins latest battle against adviser’s £916m tax-dodging scams
The UK tax office has won its tenth legal case against a serial tax avoidance promoter, NT Advisors, after it was found guilty of circulating payments for no other reason other than to generate tax deductions.
Belgian IFA firm launches robo-adviser for US expats
Cross Border Planning, a Brussels-based advice firm catering to US expats in Belgium, has launched a robo-advice service aimed at providing low cost investment accounts for lower income clients.