News
Best Practice | news 2 Feb 17
Placing Best Practice at the heart of your business in 2017
As another fascinating year for the financial services industry starts to unfold, we are delighted to announce the details of International Adviser’s Best Practice Adviser Awards 2017 in partnership with Old Mutual International, recognising financial advisers that are, or have made, the exciting leap towards best practice when advising expat/international clients.
Emerging Markets | news 2 Feb 17
EM countries target offshore wealth with tax amnesties
Bond holders look set to benefit from the tax amnesties offered by some emerging market countries that have realised that substantial wealth resides outside their borders which has never been declared for tax purposes, says Jan Dehn, head of research at Ashmore.
Singapore’s already delayed commission cap still not in place
Singapore’s 55% cap on commission payments “has still not been practically implemented” despite being due to come into force in January 2017, an industry source told International Adviser.
Old Mutual International appoints Singapore chief executive
Old Mutual International (OMI) has promoted Ian Kloss to chief executive of Singapore, replacing Steve Hickman who has decided to pursue opportunities outside the group.
ETF Securities drops Hong Kong asset management licence
UK-based ETF Securities has decided not to renew its asset management licence in Hong Kong, following a number of high-profile delistings in city last year.