News
Retirement | news 10 Apr 17
Harbour Pensions sees Qrops rise in EEA market despite 25% tax
Malta-based Harbour Pensions is predicting “increased interest” in the European Economic Area (EEA) Qrops market after forging a renewed partnership with the Federation of European Independent Financial Advisers (Feifa).
Equity ETF inflows accelerate to record highs
European-domiciled ETFs saw $11.1bn in net inflows in March, according to Blackrock. That’s an all-time record for the month. ETF investors in other parts of the world also joined the party in great numbers.
Retirement | news 10 Apr 17
UK IFA banned over advice to invest £12m in store pods
A former UK adviser has been banned from being a director for nine years after his now collapsed IFA firm gave advice to over 300 clients to invest £12m (€14m, $14.8m) in unregulated investments in storage units.
Alibaba-backed robo-adviser Youyu launches in Hong Kong
Hong Kong-listed Yunfeng Financial Group’s has launched a direct-to-consumer robo-adviser Youyu.
North America | news 7 Apr 17
Key Republicans lobby US Treasury to repeal Fatca
Two senior Republicans have called on the Trump administration to commit to repealing the Foreign Account Tax Compliance Act (Fatca) as they announce plans to overturn the legislation.