News
North America | news 15 Nov 16
HMRC removes Canadian Rops from overseas pension list
HM Revenue & Customs has scrapped nearly a hundred Canadian recognised overseas pension schemes (Rops) from its pre-approved list, in line with a similar move suspending Australian transfers last year.
BVI hands record fine to Panama papers law firm
Mossack Fonseca, the law firm at the centre of the Panama papers scandal, has been fined a record amount by the British Virgin Islands’ Financial Services Commission (FSC).
Middle East | news 15 Nov 16
Praemium sets up int’l pension unit headed by Mark Sanderson
Former Brooklands Pensions chief operating officer Mark Sanderson is to spearhead the development of Praemium’s retirement business in the Middle East and other key expat markets.
Life companies top IoM financial ombudsman complaints
Life companies were the most complained about financial services providers on the Isle of Man last year, according to figures released by the island’s Financial Services Ombudsman.
Best Practice | news 15 Nov 16
Cross border adviser diplomas between UK and Ireland go live
The Chartered Institute for Securities & Investment (CISI) has agreed a cross border deal enabling recognition of its financial services qualifications between Ireland and the UK.