News
Tax & Regulation | news 20 Jan 16
New UK exit fee cap to apply equally to work-based plans
The UK pensions minister Ros Altmann says the new powers handed to the Financial Conduct Authority to cap exit fees on savers seeking access to their pension pots will apply equally to occupational and work-based personal schemes.
Zurich’s international life results ‘on target’ in Q4
Zurich’s Global Life business is expected to show results “in line with expectations”, according to a preliminary update on the fourth quarter of 2015.
North America | news 20 Jan 16
Canada signs double tax agreement with Taiwan
A double taxation agreement (DTA) has been signed by Canada and Taiwan, limiting the withholding tax rate for dividends, interest, and royalties.
Shell warns of profit collapse as FTSE slides
Royal Dutch Shell has issued a warning its fourth quarter profits could be only half what was booked in the same period a year ago as it struggles with the oil price slump.
United Kingdom | news 20 Jan 16
Channel Islands sees 8% rise in securities exchange listings
More than 400 securities were listed on the Channel Islands Securities Exchange (CISE) during 2015, an increase of 8% compared with 2014.