News
Tax & Regulation | news 27 Nov 15
HMRC U-turns on loans secured on untaxed foreign funds
HM Revenue & Customs quietly backtracked several weeks ago on changes it made to loans secured against untaxed foreign funds.
Life industry responds to Singapore commission cap delay
The Monetary Authority of Singapore has delayed the 55% cap on commission financial advisers receive from the sale of life insurance policies a year after the industry asked for more time to implement the changes.
Pensions association calls on industry to address fraud
The Pensions Administration Standards Association (PASA) has called on the pensions industry to do more to protect pension savers from fraud.
Alternatives | news 26 Nov 15
Compliance issues make non-EU fund managers avoid EU investors
Some non-EU fund managers are forgoing European investors because of the compliance headaches associated with the Alternative Investment Fund Managers Directive (AIFMD), reports Cerulli Associates.
UBS appoints Koh head of wealth management Asia Pacific
Edmund Koh has been named head of UBS Wealth Management Asia Pacific replacing Kathryn Shih, who has been named president of UBS Asia Pacific. Both appointments are effective 1 January 2016.