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United Kingdom

guernsey minister slates eu trust proposal

United Kingdom | 11 Apr 14

guernsey minister slates eu trust proposal

Guernseys minister for commerce and employment has called a European Parliament proposal to introduce public registers listing the beneficiaries, settlors, and trustees of trusts, and the owners of companies unworkable and an unjustifiable intrusion on individuals privacy.

ima and abi investment arm merge

United Kingdom | 11 Apr 14

ima and abi investment arm merge

The Association of British Insurers (ABI) and the Investment Management Association (IMA) will partially merge to form a new organisation covering the “full spectrum” of investment management activity.

Defaqto research points to DFM growth

United Kingdom | 10 Apr 14

Defaqto research points to DFM growth

45% of IFAs were outsourcing their investment propositions in 2013, with more than half doing so via discretionaries, a pointer that the DFM sector is on a growth path, according to Defaqto.

butterfield completes legis group acquisition

United Kingdom | 10 Apr 14

butterfield completes legis group acquisition

Butterfield Bank has completed its acquisition of Legis Groups Guernsey-based trust and corporate services business.

iom moves to reform trust law

United Kingdom | 8 Apr 14

iom moves to reform trust law

Isle of Man lawmakers have taken the first steps towards amending the island's trust laws, in order to become more competitive with rival jurisdictions, many of which have reformed their own trust legislation in recent years.

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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. Site managed by Furness Media