United Kingdom
Fifth UK pensions secretary in three-year ‘merry-go-round’
The UK Government’s appointment of a new pensions secretary has been labelled as “disappointing” by a financial industry expert, who says the position has become a merry-go-round, as the role has now changed hands five times in just three years.
Will 2018 see the decline of British expats in the EU?
Brexit aside, this year looks set to be the turning point when the number of British retirees living in Europe slips into decline.
US slams EU tax haven blacklist
The US Treasury Department “disagrees” with the recently released EU tax haven blacklist, arguing that it “undermines” international standards put in place to identify non-cooperative tax jurisdictions, according to a letter sent to the EU security general.
RBC Wealth plots 2018 Jersey growth
RBC Wealth Management International’s fiduciary services division is planning to expand in 2018 through the deliberate and targeted recruitment of directors with specific books.
Arch Cru failures prompt UK lifeboat scheme revamp
Financial compensation calculations have been overhauled following failures that saw beleaguered investors in two Arch Cru funds underpaid by about £800,000 by the UK’s Financial Services Compensation Scheme (FSCS).