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Industry

Non-Doms: The New Political Battleground

Tax & Regulation | 10 Apr 15

Non-Doms: The New Political Battleground

Some commentators were prompted to say that the election battle began in earnest earlier this week, with Ed Miliband’s announcement Labour will do away with the rules which provide for the remittance basis of taxation in the UK.

Manulife Asia ousts Aviva in 12bn DBS partnership

Asia | 9 Apr 15

Manulife Asia ousts Aviva in 12bn DBS partnership

The Asian arm of Manulife has sealed a $1.2bn deal to sell its insurance products with Singapore bank, DBS, marking the end of the bank’s 14-year partnership with Aviva.

Generali merges Guernsey operations to increase expat focus

Life | 9 Apr 15

Generali merges Guernsey operations to increase expat focus

Generali International and Generali Worldwide Insurance Company will merge to capitalise on the globally expanding expat market, although the move will see the newly created firm withdraw from around 14 jurisdictions.

RL360° posts 31% growth in new business for 2014

Companies | 9 Apr 15

RL360° posts 31% growth in new business for 2014

Isle of Man-based life company RL360° has reported a 31% rise in new business for 2014 – its first full calendar year of operation since its management-led buyout.

Tax mistakes in offshore bond withdrawals may be reversible

Tax & Regulation | 9 Apr 15

Tax mistakes in offshore bond withdrawals may be reversible

Savers who inadvertently incur a heavy tax bill by drawing down funds from an offshore bond in a tax inefficient manner may be able to apply to the courts to reverse their decision, according to a recent legal decision.

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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.