News
UK wealth giant rebrands and embraces independent advice
Six months after their £6bn merger, Ascot Lloyd Financial Services and Bellpenny have become a single, fully independent advisory company under the brand Ascot Lloyd.
Fifth UK pensions secretary in three-year ‘merry-go-round’
The UK Government’s appointment of a new pensions secretary has been labelled as “disappointing” by a financial industry expert, who says the position has become a merry-go-round, as the role has now changed hands five times in just three years.
Saudi expat tax rumours not true, confirms ministry
Saudi Arabia’s Ministry of Labor and Social Development has categorically denied a rumour that expat workers in the kingdom will be hit with a 10% tax on their monthly salaries.
US slams EU tax haven blacklist
The US Treasury Department “disagrees” with the recently released EU tax haven blacklist, arguing that it “undermines” international standards put in place to identify non-cooperative tax jurisdictions, according to a letter sent to the EU security general.
RBC Wealth plots 2018 Jersey growth
RBC Wealth Management International’s fiduciary services division is planning to expand in 2018 through the deliberate and targeted recruitment of directors with specific books.