Portugal
Axa finalises €189m sale of Portuguese units to Ageas
French insurance giant Axa has completed the sale of its operations in Portugal to Belgian insurer Ageas for €189m ($215m, £151m), the company has announced.
Brooks Macdonald moves into Portugal with Generali tie-up
Brooks Macdonald has announced a move into Portugal with a deal making its discretionary investment services available through Generali PanEurope’s Private Wealth Portfolio (PWP).
People Moves | 10 Sep 15
Neuberger Berman hires head to grow Iberia business
Neuberger Berman has appointed Javier Nuñez de Villavicencio to lead its client relationship management and business development activities in Spain and Portugal.
Portugal-based UK expats miss vital tax change
Many UK expats based in Portugal have retained their trusts, even though the Government introduced a tax of 28% on trust distributions from 1 January 2015.
Trusts in Portugal to be taxed for first time
Trusts established by Portuguese resident individuals are now to be taxed for the first time after new rules were introduced on 1 January.