News
Best Practice | news 12 Oct 16
Radical new idea for UK pension tax relief under scrutiny
The UK government is considering a number of new pensions options ahead of the Autumn Statement, including one from Hargreaves Lansdown that proposes breaking the link between tax relief and earnings, instead using a system based on the age of the saver.
Investment | news 12 Oct 16
SLI announces new team in Singapore
Standard Life Investments (SLI), the Edinburgh-based asset manager, has announced a new real estate team in Singapore.
Best Practice | news 12 Oct 16
British expats living in Spain must now disclose Malta Rops
Spain has unveiled a new rule which will require British expats to declare the money they have in Malta-based recognised overseas pension schemes (Rops) that allow ‘flexi-access’ in line with the UK’s pension freedoms introduced last year.
Singapore shuts down second Swiss bank, fines DBS and UBS
The Monetary Authority of Singapore (MAS) has ordered that Falcon Private Bank in Singapore be shut down for serious failures in anti-money laundering (AML) controls and improper conduct by senior management at the Singapore branch, as well as the head office in Switzerland.
Axa Wealth Int’l on acquisition trail as rebrand beckons
The Isle of Man’s soon to be re-branded Axa Wealth International is already looking to make acquisitions and grow.