News
China to lift curbs on foreign fund offshore investments
China is set to lift a two-year suspension on foreign funds raising money in the country to invest overseas, a sign that Beijing is loosening its grip on personal wealth leaving the country.
Competition watchdog to scrutinise Standard Life/Aberdeen deal
A UK government watchdog has announced an investigation into the merger of Standard Life and Aberdeen Asset Management, to ensure it does not damage competition in the industry.
Tax & Regulation | news 22 May 17
British PM to water down £100k ‘dementia tax’ pledge
British prime minister Theresa May has said she will set an “absolute limit” on the money people will have to contribute to pay to fund their long term social care when they retire.
South Africa’s Investec to expand into life insurance
South Africa-headquartered asset manager Investec has announced it will expand into offering life insurance to its clients.
Best Practice | news 22 May 17
What Trump’s tax plan means for US expats
President Donald Trump unveiled his much-anticipated tax plan last month, promising “the biggest tax cuts in history”. Here tax advisers Ephraim Moss and Joshua Ashman from Expat Tax Professionals show how the proposals will affect US expats living around the world.
