News
People Moves | news 5 Jun 18
PEOPLE MOVES: Indosuez, Old Mutual, Vanguard
Indosuez appoints from within for chief executive, Old Mutual recruits from Aviva and Vanguard changes Australian leadership.
DeVere pays $8m to settle hidden Qrops commission case
DeVere USA has agreed to pay an $8m civil penalty stemming from its failure to disclose upfront commission of 7% to clients who were encouraged to transfer their UK pensions via a Qrops, the US regulator has announced.
Best Practice | news 5 Jun 18
US expats granted tax reprieve
American expats caught in a “ridiculous” tax aimed at US corporates have been granted a one-year reprieve.
IFA and ex-rugby star sentenced for £2.4m film tax scam
An independent financial adviser, a former police officer, a city trader and a former Welsh-international rugby player have all been given jail sentences for their roles in a £2.4m (€2.7m, $3.2m) film tax scam after an investigation by HM Revenue & Customs (HMRC).
Are listed family businesses the safer bet?
Concerns about family-owned companies tend to be distorted and data shows they outperform their non-family counterparts, according to Jean Keller, CEO of Quaero Capital.