Regions
Fees key to Asian fund sales
Retail investors in Hong Kong, Singapore and South Korea are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
United Kingdom | 16 Jul 15
FSCS payouts jump by 35% as SIPP claims rise
The Financial Services Compensation Scheme paid out £327m in compensation to British consumers over 2014/15, a significant rise from the previous year after payments for SIPP-related claims made against financial advisers soared by 50%.
Tax & Regulation | 16 Jul 15
HMRC to step up sanctions against offshore tax evasion
HM Revenue and Customs has announced plans to toughen up penalties for offshore tax evasion, and is looking at a new corporate criminal offence for failure to prevent the facilitation of evasion.
Tax & Regulation | 16 Jul 15
UK Gov’t to tighten salary rules to enforce pension taper
The UK Government plans to tighten rules around salary payments to enforce new rules governing annual tax free pension contribution allowances for high earners.
Hong Kong financial bodies unite to raise standards
Two major financial organisations in Hong Kong have merged to help strengthen professionalism within the region’s insurance and financial services market.