News
Franklin Templeton launches global currency Sicav
Franklin Templeton Investment has launched a Luxembourg-registered global currency fund.
Best Practice | news 10 Oct 16
UK unveils plans to create single state-backed advice body
The UK government will create a new single body to offer guidance on pensions, debt and other financial issues.
M&G to launch Luxembourg-based Sicav amid Brexit fears
M&G Investments has announced plans to launch Luxembourg-domiciled Sicavs in response to predictions that Britain is likely to experience a ‘hard Brexit’ when it leaves the European Union in 2019.
Tax & Regulation | news 10 Oct 16
Rooney faces £3.5m bill for ‘tax avoidance’ scheme
UK England football captain Wayne Rooney is facing a £3.5m ($4.3m, €3.8m) charge after HM Revenue & Customs challenged a suspected avoidance scheme in which he was a key investor.
Forth Capital withdraws from UAE, to close DIFC office
Specialist expat financial advisory group Forth Capital has decided to withdraw from the United Arab Emirates (UAE) and close its business in the Dubai International Financial Centre.