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Industry

UK expats to lose £50k from state pension following Brexit

Retirement | 11 May 16

UK expats to lose £50k from state pension following Brexit

UK expats living in Europe could see their state pension slashed by up to £50,000 ($72,125, €63,372) if Britain votes to leave the European Union next month.

Leniency offered to Norwegians confessing links to Panama

Europe | 11 May 16

Leniency offered to Norwegians confessing links to Panama

Norway’s economic crime authority has set up a dedicated phone number to give those with undeclared offshore assets linked to the Panama Papers the opportunity to come forward voluntarily and face lesser charges.

Abu Dhabi aiming to be the Middle East’s new fintech hotspot

Middle East | 11 May 16

Abu Dhabi aiming to be the Middle East’s new fintech hotspot

Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has proposed creating a framework that will allow financial technology (fintech) firms to conduct their activities in a controlled and cost-effective environment.

Focus Financial enters Australia after signing up MW Lomax

Asia | 10 May 16

Focus Financial enters Australia after signing up MW Lomax

The US-based partnership of independent wealth management firms, Focus Financial Partners, has expanded its international network to Australia by signing up the Melbourne-headquartered MW Lomax Group.

Is ending offshore anonymity the answer to tax evasion?

Tax & Regulation | 10 May 16

Is ending offshore anonymity the answer to tax evasion?

International efforts to end the secrecy of offshore tax havens – seen by governments as the solution to tackling tax evasion – may lead to some undesired side-effects, according to experts in the industry.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.