Regions
Hong Kong investors expect 8.9% returns per year
Hong Kong investors on average are seeking an investment income of 8.9% per year when the average stock market yield across key global indices is 3.8%, according to a study by Schroders.
Investment | 12 Oct 16
UK should turn on fiscal tap, says Royal London
The UK government needs to step up fiscal spending, not only to help stabilise sterling but also help improve its debt profile, Trevor Greetham said on Wednesday.
Best Practice | 12 Oct 16
British expats living in Spain must now disclose Malta Rops
Spain has unveiled a new rule which will require British expats to declare the money they have in Malta-based recognised overseas pension schemes (Rops) that allow ‘flexi-access’ in line with the UK’s pension freedoms introduced last year.
Singapore shuts down second Swiss bank, fines DBS and UBS
The Monetary Authority of Singapore (MAS) has ordered that Falcon Private Bank in Singapore be shut down for serious failures in anti-money laundering (AML) controls and improper conduct by senior management at the Singapore branch, as well as the head office in Switzerland.
Best Practice | 11 Oct 16
Belgium introduces tax break for cross-border pension schemes
Belgium’s government has approved a bill that will exempt cross-border pension schemes from tax in a bid to position the country as the number one location for pan-European retirement products.