United Kingdom
United Kingdom | 13 Mar 13
lords committee says proposed gaar narrow
A House of Lords sub-committee on the Draft Finance Bill has found its plans for a General Anti-Abuse Rule are “a reasonable starting point” but “narrowly focused”, and urges that its limitations be publicised.
United Kingdom | 11 Mar 13
number of non doms in uk falls as govt accused
The UK has been accused of having an “increasingly hostile tax code” towards high net worth individuals by law firm Pinsent Masons, which said the number of UK registered non-domiciles had fallen by a further 2,000 over the past year.
United Kingdom | 7 Mar 13
arch cru co founder dodges fine as advisers set
Stephen Danner, one of the co-founders of Cru Investment Management has escaped being fined by the FSA due to his “financial position” even as advisers face paying millions in redress for mis-selling the Arch cru funds.
United Kingdom | 7 Mar 13
rdr will have negative impact say almost half
A worryingly high number of advisers in the UK believe the Retail Distribution Review, which was finally implemented at the beginning of this year, will have a negative impact on the financial services industry.
United Kingdom | 22 Feb 13
reyl opens london office
Reyl & Co is opening a London office which will focus predominantly on wealth management, the Swiss bank has announced.