News
Non-linked life premiums dip in HK as linked rise sharply
Non-linked individual life and annuity premiums were down in the first half of 2017, while linked life business rose sharply by 158.8%, latest figures from the newly launched Hong Kong Insurance Authority (HKIA) show.
Middle East | news 4 Sep 17
Saudi Arabia opens registration for VAT to top up oil revenue
Saudi Arabia has opened registration for the new 5% value added tax (VAT), which begins on 1 January next year as part of a move to diversify its economy away from a reliance on oil revenues.
Tax & Regulation | news 1 Sep 17
Ex-footballers linked to film scheme to sue financial advisers
A group of 45 former English Premier League footballers are to sue the professional advisers linked to the £700m Ingenious Media film investment scheme that has been accused by the UK taxman of creating artificial losses to allow investors to claim tax relief.
Investment | news 1 Sep 17
US regulator to examine ETP impact on markets and investors
The Securities and Exchange Commission (SEC) is to examine the fast-growing market for exchange-traded products (ETPs) and its implications for investors in a forum with New York University.
Best Practice | news 1 Sep 17
IFA firm says remote working boosted staff productivity
An Northern Ireland-based financial life planning firm that closed its headquarters for a full month in July said the remote working initiative boosted staff morale and productivity.