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News

Italy to target non-doms with new tax regime

Europe | news 16 Dec 16

Italy to target non-doms with new tax regime

Italy is to introduce a remittance-style tax regime aimed at attracting non-domiciled high net worth residents, just as the UK makes its rules in this area less attractive post the Brexit vote.

Celebrities face HMRC £50m tax clawback on empty data centres

Tax & Regulation | news 16 Dec 16

Celebrities face HMRC £50m tax clawback on empty data centres

Millions of pounds in tax relief given to celebrities such as England footballer Wayne Rooney and British comedian Jimmy Carr is being clawed back by HM Revenue and Customs (HMRC).

Robeco expands Conservative range with multi-asset launch

Europe | news 16 Dec 16

Robeco expands Conservative range with multi-asset launch

Robeco has extended its UK offering with the QI Conservative Multi Asset Fund, targeting “balanced returns combined with the volatility profile of defensive portfolios”.

Singapore

Asia | news 16 Dec 16

Wealthy Singaporeans favour cash compared to HK counterparts

High net-worth individuals (HNW) in Singapore hold greater amounts of cash and deposits compared to their Hong Kong counterparts, according to Ivan Han, a Singapore-based senior analyst at Cerulli Associates.

China’s robo-advisers struggle to attract investors

Asia | news 15 Dec 16

China’s robo-advisers struggle to attract investors

The biggest challenge for robo-advisers in China is convincing people to take a long-term view on passive investing, says Frank Wang, managing director at Creditease Wealth Management.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.