Regions
Woodford’s flagship fund finds footing; smashes £10bn mark
Neil Woodford’s flagship fund found its footing in February and broke the £10bn ($12.4bn, €11.5bn) barrier as the reflation trade began to lose its shine.
Tax & Regulation | 20 Mar 17
HSBC boss ‘tested’ UK tax office on his non-dom status
Stuart Gulliver, the chief executive of HSBC, may have set up a trust to test whether the UK taxman would accept he was a non-dom, according to specialist tax advice agency Mark Davies & Associates.
People Moves | 20 Mar 17
Sarah Lord to leave Killik & Co
Sarah Lord, one of the most highly qualified female financial planners in the UK, is to leave Killik Wealth Planning at the end of March to pursue other opportunities within the industry, the company confirmed to International Adviser.
Tax & Regulation | 20 Mar 17
UK to ‘raid pensions’ to fund U-turn on self-employed tax hike
The UK Treasury is reportedly considering a fresh raid on pensions tax relief in order to plug a £2bn ($2.47bn, €2.3bn) funding gap after chancellor Philip Hammond was forced to drop national insurance contribution (NIC) increases for self-employed people.
Dubai’s DIFC slashes start up costs for new fund managers
The Dubai International Financial Centre (DIFC) has scrapped the application fee for setting up as a fund manager in the free zone as competition with rival financial hubs in the region heats up.