United Kingdom
People Moves | 8 May 15
Coutts Int’l chief quits following sale to Union Bancaire Privee
Coutts International’s chief executive Alexander Classen has left the private bank following its sale in March.
Tax & Regulation | 7 May 15
Non-doms move toward mortgages for UK property funding
Non-UK resident individuals are increasingly seeking mortgage finance to fund their UK residential property purchases due to the introduction of the Annual Tax on Enveloped Dwellings (‘ATED’) and the advanced rate of stamp duty land tax for property purchased via certain ‘non-natural persons’, says law firm Edwin Coe.
Investment | 7 May 15
Axa Wealth Int’l posts Q1 growth amid ‘challenging’ market
Axa Wealth International has seen funds under management grow by nearly £0.5bn throughout the first quarter of 2015, as the wider Axa Wealth group records across-the-board growth.
Platform One to offer expat-friendly AIM IHT service
Platform One and Stellar Asset Management have partnered to offer the “first” AIM inheritance tax service available on a UK platform.
Investment | 6 May 15
Australia and New Zealand QROPS risk HMRC delisting
Overseas pensions in Australia and New Zealand could lose QROPS status after a letter sent by HM Revenue & Customs forced all schemes to ensure that policyholders can only access benefits before the age of 55 in the same circumstances as a UK pension.