News
No basis for hawkish turn as ECB holds firm
A meeting of the European Central Bank heralded few surprises on Thursday, but added fuel to speculation QE will continue past 2017.
Old Mutual Int’l posts solid results as managed funds rise
Old Mutual International has posted a slight rise in pre-tax adjusted operating profit for 2016 despite difficult market conditions, helped by healthy 18% rise in funds under management.
Tax & Regulation | news 9 Mar 17
UK fraud agency to probe failed Costa Rican forestry fund
The Serious Fraud Office (SFO) has opened a criminal investigation into an alleged fraudulent investment scheme marketed by Ethical Forestry Limited and “associated companies” between 2007 and 2015.
STM concedes UK’s tax charge to hit 80% of new Qrops business
Cross border financial services provider STM Group has revealed that the UK’s shock decision to impose a 25% charge on transfers to foreign pension schemes will affect 80% of its new Qrop business.
Aviva strengthens foothold in Singapore with 420 advisers
Insurance giant Aviva has revealed it employs 420 financial advisers in its Singapore advisory unit which was established less than a year ago.