News
Offshore bond demand to rise following pension changes
Over a third (36%) of professional advisers expect to recommend more offshore bonds to clients following reductions to annual and lifetime limits for pension contributions, according to Canada Life.
Retirement | news 7 Mar 16
UK adults in their 40s and 50s poor retirement planners
Half of UK residents in their 40s and 50s have not yet started planning for their retirement, according to a recent Aviva study.
US tax authorities demand Singapore bank records
The US Internal Revenue Service (IRS) wants Singapore to waive its bank secrecy laws and push UBS into releasing financial information of a US citizen.
Tax & Regulation | news 5 Mar 16
UK’s Osborne scraps plan for budget pension tax changes
The UK chancellor George Osborne has abandoned plans to shake up the pension tax system in this month’s budget after pressure from Conservative MPs, according to media reports.
Alternatives | news 4 Mar 16
BNPIP Equity World Aqua gets new sterling share class
BNP Paribas Investment Partners has launched a sterling share class for its L1 Equity World Aqua Fund in response to greater demand from UK institutional and wholesale clients.