Tax & Regulation
Tax & Regulation | 6 Oct 15
Dead capital helps no one, says AILO’s Morgan-Moodie
The call for the world’s nine largest insurers to up their base capital by 10% under proposed ‘too big to fail’ rules does not show a considered appreciation of how well managed they are, AILO’s chief executive Alan Morgan-Moodie has told International Adviser.
Tax & Regulation | 6 Oct 15
Tax experts criticise ‘thin’ non-dom consultation paper
The UK Government’s consultation paper on non-domicile status is “thin on the ground” when it comes to detail and, if introduced as proposed, will fail to treat some ‘non-doms’ fairly, according to tax experts.
Intermediary profile: Power to the voice of South African IFAs
Ahead of RDR implementation in South Africa, IFAs would do well to consider whether to stay independent and seek other sources of revenue, or pool together to minimise governance expenses, explains Derek Smorenburg, the man behind the South African Independent Financial Advisors Association (SAIFAA).
Tax & Regulation | 5 Oct 15
HMRC defeats tax avoidance scheme over DTA misuse
A tax avoidance scheme which exploited the UK’s double-taxation agreement with the Isle of Man has been defeated by HM Revenue & Customs.
Tax & Regulation | 5 Oct 15
Pru move to Asia resurfaces, faces ‘too big to fail’ rules
Prudential, one of the international insurance companies identified by the Financial Stability Board as ‘global systemically important’, is reported to be considering again a move away from its UK headquarters to Singapore or Hong Kong.