News
Best Practice | news 26 Jan 18
UK Govt backs down on pension freedoms ‘auto guidance’ plans
The UK Government has removed an amendment to the Financial Guidance and Claims Bill, that would have required people taking benefits under the pension freedoms or transferring benefits to be automatically enrolled into guidance.
DBS to grow Asia private banking headcount up to 20%
Singapore’s DBS Group is to grow the number of people working in its private banking business even further to tap into rising Asian wealth, having already added 20% to its headcount in 2017.
UK haemorrhaging high net worths
Four times as many high net worth individuals left the UK in 2017 than arrived, according to research from Johannesburg-based New World Wealth (NWW).
SJP funds under management hit record
St James’s Place (SJP) Wealth Management has more than £90bn (€102bn, $127bn) of group funds under management, making 2017 a record year for the restricted advice company.
Best Practice | news 25 Jan 18
Options for non-resident landlords in ‘buy-to-let war’
Expat buy-to-let landlords holding UK property will be hit with a non-resident property owners tax from April 2019. But, is there anything they can do?