News
Skipton International launches new two-year bond
Skipton International, a Guernsey-based offshore bank, on Monday announced that it has launched a new two-year savings bond offering, in what it describes as one of the most competitive rates in the market.
IFA lobbyist calls for new industry regulator
Garry Heath, the head of IFA industry body Libertatem, has called for the formation of a new regulator to be considered as part of the government’s Financial Advice Market Review (FAMR).
Praxis launches closed-ended investment company
Praxis Fund Services, part of Guernsey-based independent financial services group PraxisIFM, announced on Monday that it has launched a new closed-ended investment company with an indefinite life.
Advice costs still weigh on uncertain UK pension savers
Nearly 75% of people surveyed by British insurer Aegon UK said the prospect of having to pay for financial advice puts them off, though of those that have obtained advice, 90% said they were satisfied with the service.
France social tax ruling ‘lacks clarity’
The full extent of a ruling which has left France liable to refund non-French residents who have unduly paid social charges on unearned income is “not entirely clear”, according to Blevins Franks’ Jason Porter.