United Kingdom
Investment | 11 Aug 17
Investors wary of ‘disastrous’ deal to save stricken IoM fund
A proposed rescue package to save Quadris, an Isle of Man fund that invested in Brazilian forestry, would be a disaster for shareholders the director of an expat financial advice firm has warned.
Tax & Regulation | 10 Aug 17
UK stately home donates Roman artefacts to pay IHT bill
North Yorkshire stately home Castle Howard has donated Roman artwork to the nation in lieu of nearly £5.5m ($7.1m, €6.1m) owed in inheritance tax.
Tax & Regulation | 10 Aug 17
Crown dependencies should be able to elect MPs, says Tory MP
Britain’s crown dependencies should be granted the same parliamentary representation given to devolved jurisdictions, a former member of the UK Parliament’s Foreign Affairs Committee has said.
Big jump in offshore bond sales at Canada Life International
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).
Best Practice | 10 Aug 17
A quarter of Brits want a return to commission
Half of UK clients would prefer to pay a fixed rate for a standard piece of advice work, such as setting up a pension, but almost a quarter want the return of traditional commission.