Industry
Tax & Regulation | 10 Sep 15
Isle of Man chief predicts ‘anti-offshore activity’
Isle of Man Government chief minister Allan Bell has predicted a wave of negative campaigning focused on the Isle of Man and the other crown dependences, if Jeremy Corbyn wins the leadership of the UK’s Labour Party.
Tax & Regulation | 10 Sep 15
FSCS reviews ‘complex’ claims against financial advisers
Claims brought against financial advisers who gave tax advice on “complex” investments such as film partnerships are to be reviewed by the UK’s Financial Services Compensation Scheme.
VAM targets discretionary funds in Q4
Luxembourg-based VAM Funds is aiming to go live with two of the risk-rated discretionary funds it has agreed to do with Close Brothers Asset Management (CBAM), during Q4 of this year.
Aegon looks to sell its UK annuity business
Dutch insurance giant Aegon is looking to sell its annuity business in the UK, following on from a move by the French insurer Axa to offload its British business, as international insurers react to the changing regulatory environment.
Middle East | 9 Sep 15
Deutsche AWM hires Albert Trinkl to boost Middle East growth
Deutsche Asset & Wealth Management, part of the Deutsche Bank Group, has hired long-standing Middle East expert Albert Trinkl to develop the bank’s business and asset management client base in the region.