Regions
Most IFAs tweak business models ahead of ‘sunset’ deadline
The majority of UK-based advisory firms receive most of their recurring revenue from fees, a sure sign that many have made significant changes to their business models in the run up to next year’s ‘sunset’ deadline.
UK expats must review wills ahead of EU succession rules
UK residents with assets in Europe could become liable for a heavy tax bill on their death as a result of changes in EU cross-border succession rules due to become effective next week.
Younger Chinese investors are confident with risk
Chinese investors in the 18-39 age group prefer high yield products and are more aggressive and confident in their investment choices than older mainland investors, according to a survey report by Legg Mason.
Middle East | 6 Aug 15
Dubai regulator signs info sharing deal with Australia
The Dubai Financial Services Authority (DFSA) and the Australian Prudential Regulation Authority (APRA) have entered a memorandum of understanding to “share information and cooperate in the supervision of financial institutions”.
AXA IM hire to expand private bank reach
The firm has appointed Kelly Ng as a director as it looks to expand its coverage of private banking and wealth managers in Asia.