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United Kingdom

towry fined 494900 by financial services authority

Investment | 29 Sep 11

towry fined 494900 by financial services authority

Towry Investment Management, a large UK-based financial advisory company, has been fined £494,900 for providing incorrect information to the FSA and for making client money failures.

close targets expansion despite losses in asset management arm

United Kingdom | 27 Sep 11

close targets expansion despite losses in asset management arm

Close Brothers said it plans to continue its focus on growth and development despite reporting a loss in its asset management division for the full year.

hong kong and new york close gap with london as worlds leading financial centre

United Kingdom | 26 Sep 11

hong kong and new york close gap with london as worlds leading financial centre

London remains the world’s leading financial centre but the gap between the top three has closed with New York in second place and Hong Kong third.

tax gap falls but hmrc still lose £35bn

United Kingdom | 21 Sep 11

tax gap falls but hmrc still lose £35bn

The amount of tax revenue lost in the 2009/10 tax year in the UK fell by £4bn but still reached £35bn.

STEP warns HMRC its non-dom proposals do not go far enough

United Kingdom | 20 Sep 11

STEP warns HMRC its non-dom proposals do not go far enough

Proposals set out by HMRC to clarify the current taxation of non-doms does not go far enough, warns STEP.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.