News
People Moves | news 29 Sep 16
PEOPLE MOVES: Old Mutual, Manulife, HSBC, Veritas AM
Old Mutual appoints a chairman to its board while Manulife makes a hire to its newly-created position of chief executive for client services for EMEA. HSBC has announced a raft of hires in Geneva, Zurich and Dubai while asset manager Veritas poaches its new head from UBS.
Tax & Regulation | news 29 Sep 16
Pension tax relief and Isas are ‘never tax avoidance’
Paying into an Isa or getting pension tax relief can never be tax avoidance, according to Richard Murphy, an economist and long-standing active member of the Tax Justice Network.
Chinese insurers make beeline for UK and Europe
Large Chinese mainland insurance companies are on a mission to diversify their asset base and have the UK and Europe in their sights as they look to deploy their money around the world.
Tax & Regulation | news 28 Sep 16
UK watchdog calls to scrap £50k limit on ‘bad’ advice
The head of the UK’s Financial Services Compensation Scheme (FSCS) has called for the £50,000 ($64,907,€57,770) limit on payouts for clients who receive bad financial advice to be scrapped.
Political risk is European equities’ biggest threat – CBRE
The number one macroeconomic threat to European financial markets is political risk, according to Sabina Kalyan, global chief economist and head of EMEA strategy and research at CBRE.