Tax & Technical
Best Practice | 9 Nov 17
The quest for the holy grail of financial literacy
Seven Investment Management’s Justin Urquhart-Stewart is on a personal crusade to promote financial literacy.
He sees parallels between financial professionals use of jargon and the perception in schools that maths is hard. He argues they fuel an unjustified mystique around aspects of financial planning, which is driving clients away.
Here are his four bugbears:
IoM pension firm launches cryptocurrency services
Isle of Man-based corporate and pension service provider Optimus is to offer crypto-currency, block chain and Initial Coin Offering (ICO) services.
Best Practice | 2 Nov 17
Top tips and case study planning with offshore bonds
Offshore bonds have many benefits beyond the more obvious taxation advantages, according to Rachael Griffin, financial planning expert at Old Mutual Wealth.
Luxembourg’s ‘provocative’ Brexit solution for financial services
In a speech examining the impact of Brexit on European Financial Centres Luxembourg finance minister Pierre Gramegna says the UK has five Brexit options to choose from.
Guernsey set to cut tax on mansions over £1.5m
Guernsey looks set to make itself more attractive to high net worth expats with the adoption of a tax cut on open market property worth at least £1.5m ($1.98m €1.7m).