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News

FSCS payments reach record high over risky Sipps investments

Tax & Regulation | news 13 Jul 16

FSCS payments reach record high over risky Sipps investments

Payouts to UK consumers, aggrieved by poor life and pensions advice, have more than doubled due to an increase in high risk Sipp investment claims, new figures from the Financial Services Compensation Scheme (FSCS) show.

Canada Life Group Insurance managing director McMullan dies

Companies | news 13 Jul 16

Canada Life Group Insurance managing director McMullan dies

Ian McMullan, managing director of Canada Life Group Insurance, died on 8 July following a battle with cancer.

BSI Bank’s former Singapore chief executive sues over bonus

Asia | news 13 Jul 16

BSI Bank’s former Singapore chief executive sues over bonus

The former chief executive of BSI Bank in Singapore, Hans-Peter Brunner, is suing the Swiss bank for freezing his bonus two months after the Singapore regulator ordered that the bank be shut down.

Aberdeen lifts trading suspension on UK property fund

Property | news 13 Jul 16

Aberdeen lifts trading suspension on UK property fund

Aberdeen Asset Management has lifted the trading suspension on the Aberdeen UK Property Fund.

Jersey signs tax agreement with Cyprus

Europe | news 13 Jul 16

Jersey signs tax agreement with Cyprus

Jersey is keen to sign more double taxation agreements (DTA) having signed its latest such accord with the Republic of Cyprus on Monday.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.