News
North America | news 9 Nov 16
US expats to give up citizenship following Trump victory
The number of expats revoking their American citizenship is expected to see a boost after Donald Trump is named the next president of the United States, leading tax advisers predict.
L&G creates new trans-Atlantic insurance division
Legal & General has formed a new trans-Atlantic insurance division to tie its UK and US offerings.
Investment | news 9 Nov 16
Risk on! Trump wins, investors stunned
Donald Trump has won the US presidential election, riding a wave of global anti-establishment sentiment and in a Brexit-like manner, upending the status quo. Republicans also won a majority in both the Senate and House of Representatives.
Caldora follows Belvedere in losing Mauritius licence
Caldora Asset Management, operators of the Mauritius-domiciled Caldora Offshore Balanced Fund which suffered a spectacular drop in returns after its launch, has had its licence terminated.
Best Practice | news 8 Nov 16
Offshore pension off limits in UK divorce ruling
Overseas pensions could be excluded from sharing orders during divorce proceedings after the England & Wales Family Court said that it has no power to make such an order.