Tax & Regulation
Business strategies: A question of scale
In the final part of a three part series examining the retail distribution review landscape in South Africa, Brian Foster questions the wisdom of thinking big when it comes to advisers growing their businesses.
Julius Baer admits US tax evasion, pays $547m
Swiss private bank Julius Baer said it has reached a deal with the US Department of Justice to pay $547m to settle tax evasion allegations, and at the same time two former Julius Baer bankers pleaded guilty to helping American clients dodge taxes.
OMI tackles high net worth channels with new investments
One year on from rebranding Skandia International as Old Mutual International, sales director Marcel Bradshaw talks about the positive impact of the process, the rationale behind the company’s sponsorship of the England rugby teams and the shift to outsourced investment solutions
Singapore can still be a honeypot, says Globaleye’s Murphy
Despite an exodus of life companies and increasing oversight, Globaleye’s Byron Murphy says Singapore, in offering high-quality advice, remains a honeypot for IFAs.
Tax & Regulation | 2 Feb 16
Legg Mason cuts trail commission from UK authorised fund range
Global asset management firm Legg Mason has announced plans to cut out trail commissions on its UK authorised funds effective from 1 April 2016 in line with the rules set down in Retail Distribution Review (‘RDR’).