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News

Asia a key market for UK insurance sector growth, says ABI

Asia | news 21 Nov 16

Asia a key market for UK insurance sector growth, says ABI

The Association of British Insurers (ABI) has identified eight countries as priority markets for the expansion of the UK’s insurance and long-term savings markets, all of which are located in Asia.

Film scheme investors to be hit by big tax bill, says HMRC

Tax & Regulation | news 21 Nov 16

Film scheme investors to be hit by big tax bill, says HMRC

HM Revenue & Customs (HMRC) has told tax advisers that it will issue payment demands to investors in the Eclipse Film Partnership schemes at levels potentially 10 times higher than their original investment.

China meltdown `very unlikely’: Lombard Odier

Asia | news 21 Nov 16

China meltdown `very unlikely’: Lombard Odier

China’s debt-to-GDP increased to 250% in the first quarter this year from 154% in 2008. But Lombard Odier believes the picture is not as bad as it seems.

UAE insurance regulator to ban indemnity commissions

Middle East | news 21 Nov 16

UAE insurance regulator to ban indemnity commissions

Indemnity commissions are to be prohibited under new rules proposed by the UAE’s Insurance Authority which regulates life insurance companies and family takaful businesses.

UK savers over-50 reveal ‘bonkers’ use of pension freedoms

Retirement | news 18 Nov 16

UK savers over-50 reveal ‘bonkers’ use of pension freedoms

Almost a quarter of over-50s in the UK plan to cash in their pension even after withdrawing their 25% tax-free lump sum, accord to a survey by Retirement Advantage.

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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.