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News

Ex-Harlequin accountants appeal $11.6m UK court order

Property | news 16 Jan 17

Ex-Harlequin accountants appeal $11.6m UK court order

UK accountancy firm Wilkins Kennedy is appealing against recent a High Court judgement ordering it to pay $11.6m (£9.5m, €10.8m) to Harlequin Property SCG, the company behind the stricken £400m fund.

SMP Partners granted Jersey licence

Companies | news 16 Jan 17

SMP Partners granted Jersey licence

SMP Partners, the Isle of Man-based international corporate and trust service provider, has been granted a licence by the Jersey Financial Services Commission (JFSC) and opened an office on the island.

Jersey regulator launches campaign against mis-selling

Investment | news 16 Jan 17

Jersey regulator launches campaign against mis-selling

The Jersey Financial Services Commission (JFSC) has teamed up with the Personal Finance Society (PFS) to launch a public awareness campaign on investment mis-selling in response to increasing numbers of local investors losing their savings through high-risk investments.

Portugal introduces wealth tax on properties over €600k

Europe | news 16 Jan 17

Portugal introduces wealth tax on properties over €600k

The Portuguese government has introduced a wealth tax on properties valued over €600,000 (£538,572, $660,108) in a move that could benefit thousands of British expats living in the EU-member state.

SLI launches Sicav version of MyFolio fund range

Europe | news 16 Jan 17

SLI launches Sicav version of MyFolio fund range

Standard Life Investments has launched an international version of its suite of multi-asset funds known as MyFolio, which will be initially available to advisers and their clients in Germany.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.