Regions
Malta slammed over ‘aggressive’ tax planning rules
Some of Malta’s tax rules may be used in structures of aggressive tax planning, a new report by the European Commission has found.
South Africa budget targets high earners with top rate hike
South Africa finance minister Pravin Gordhan has announced a new top tax bracket of 45% in his 2017 Budget.
Retirement | 24 Feb 17
Drawdown beats annuities but pension cash is king
More than half of UK pension pots accessed for the first time were withdrawn entirely as cash lump sums in Q3 2016. Drawdown proved twice as popular as annuities but a fall in the number of people seeking advice before making pension decisions has some in the industry concerned.
Retirement | 23 Feb 17
UK’s Prudential to enter DB transfer advice market
UK insurance giant Prudential said it will begin offering clients advice on the increasingly contentious area of defined benefit (DB) pension transfers.
Axa reports record revenues as CEO rules out Generali bid
French insurer Axa said revenues crossed the €100bn (£84bn, $105bn) mark for the first time in the company’s history as chief executive Thomas Buberl distanced himself from a bid for Generali’s German life insurance business.