News
Middle East | news 18 Dec 17
UAE regulator details new financial promoters licence
The Securities and Commodities Authority (SCA) in the UAE has released long-awaited details of its new Financial Promoters licence, boosting hopes that the permits for financial advisers and banks will soon be issued.
Standard Life fails to stem £23bn outflows
Standard Life has failed to shake off the plague of severe outflows even after its merger with Aberdeen Asset Management earlier this year its latest results have revealed.
Utmost Wealth and Generali PanEurope to merge
Life Company Consolidation Group (LCCG) is to acquire Generali PanEurope with plans to create a specialist wealth manager by combining it with Utmost Wealth Solutions in a show of “commitment to the international life market”.
Cross border investors’ tax bind to end in EU
The EU has pledged to simplify cross border investing with new guidelines on withholding taxes.
Best Practice | news 15 Dec 17
Three categories added to personal portfolio bonds
Personal portfolio bonds (PPB) may become more attractive to investors as new regulations will allow additional property categories to be held within them.