News
Tax & Regulation | news 11 Dec 15
Spain to erase Isle of Man from tax haven blacklist
The Isle of Man is set to be removed from a tax haven blacklist of jurisdictions established by Spain in 2006, after the crown dependency revived its ‘redundant’ bilateral tax agreement strategy.
Investment | news 10 Dec 15
SLI controversially ends trail commissions
Standard Life Investments (SLI) has written to financial advisers informing them that they will no longer receive renewal commission on SLI retail class shares from 31 March 2016.
EU launches new inquiry into retail financial services
The European Commission is to look at ways to improve choice, transparency and competition in retail financial services across its 28 member states, which could potentially result in new guidelines or initiatives by the middle of next year.
Fixed Income | news 10 Dec 15
Carney holds fire on rates as confidence dips
The Bank of England confirmed today rates will be held steady at 0.5% as widely expected just as data emerged showing a small dip in UK consumer confidence.
People Moves | news 10 Dec 15
Northstar appoints head of distribution
Bermuda-based Northstar Financial Services has appointed Alejandro Moreno to its newly created role of head of distribution.