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Court

Guernsey court refuses to reverse man’s £560k tax bill

Tax & Regulation | 17 Mar 16

Guernsey court refuses to reverse man’s £560k tax bill

A Guernsey court has refused to reverse a decision that left a man with over half a million pound tax bill after he was wrongly advised that he could withdraw £1.4m ($2m, €1.8m) from his pension pot.

Ex-Schroders trader pleads guilty to insider dealing

United Kingdom | 16 Mar 16

Ex-Schroders trader pleads guilty to insider dealing

Former Schroders equities trader Damian Clarke has pleaded guilty to nine counts of insider trading and will be sentenced on 13 June.

Jailed former IFA has landmark sentence extended

United Kingdom | 15 Mar 16

Jailed former IFA has landmark sentence extended

Former financial adviser Philip Boakes was sentenced to a further 730 days’ imprisonment on Tuesday for failing to satisfy the £165,731 ($237,877, €213,703) Confiscation Order against him.

Brooks Macdonald targets Origo with wind-up order

Tax & Regulation | 11 Mar 16

Brooks Macdonald targets Origo with wind-up order

Private equity firm Origo Partners is considering its options after Brooks Macdonald Asset Management filed a claim with the Isle of Man High Court seeking an order to wind up the closed-end investment company.

DIFC mis-selling case set to drag on after deadline missed

Investment | 2 Feb 16

DIFC mis-selling case set to drag on after deadline missed

One of the two defendants involved in a long-running financial mis-selling case in Dubai has failed to comply with a Dubai International Financial Centre (DIFC) court demand to deposit its share of a damages award pending an appeal.

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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.