News
Arch Cru failures prompt UK lifeboat scheme revamp
Financial compensation calculations have been overhauled following failures that saw beleaguered investors in two Arch Cru funds underpaid by about £800,000 by the UK’s Financial Services Compensation Scheme (FSCS).
Expats hit as funds suspended over missing Priips documents
US expats will be among the worst affected after Hargreaves Lansdown suspended nearly 1,200 ETFs and investment trusts last week after they failed to produce a key information document (Kid) as required under the EU’s new Priips regulation.
Best Practice | news 8 Jan 18
Appleby defeat will mark ‘open season’ on offshore tax planning
The flood gates will open for so-called ‘hacktivists’ to attack the offshore industry if the law firm at the heart of the Paradise Papers loses its legal case against two UK publications, according to a leading lawyer.
Mobius to retire from Franklin Templeton
Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January.
Zurich Life Singapore sold to new local insurer
The city-state’s newest insurance company Singapore Life is to acquire the business portfolio of Zurich Life Insurance (Singapore).