Regions
Latest news | 14 Nov 17
Sports stars to get £100,000 tax free as testimonial income
Retiring sports stars look set to receive a boost under proposals to double the tax free earnings threshold for testimonials.
Aviva acquires Irish insurer Friends First
Aviva is now the largest composite insurer in Ireland following a deal to acquire Friends First Life Assurance Company for €130m (£116m, $151m).
EU pledges action on ‘Paradise’ tax avoiders
Pressure on the EU to act on offshore tax havens increased this morning after MEPs queued up to severely criticise wealthy tax avoiders and their advisers.
China to allow full foreign ownership of insurance companies
In a move to grow its status as a major global finance hub, the Chinese government has announced it will raise foreign ownership limits in insurance companies to 51% in three years’ time, while full foreign ownership will be allowed in five years.
Investment | 13 Nov 17
FCA drops Mifid II bombshell on brokers
Mifid II rules on payment for research could extend to sales and trading roles, the Financial Conduct Authority (FCA) has warned.