News
Investment | news 23 Oct 15
LGIM wins PPF mandate to run low volatility strategy
Legal & General Investment Management (LGIM) has won a mandate from the UK’s Pension Protection Fund to implement a FTSE RAFI Low Volatility strategy for the statutory body.
Ex-Convey insurance broker behind bars for commission scam
Two Hong Kong-based insurance brokers face jail sentences for conning Zurich International Life of ILAS commissions totalling HK $600,000.
Tax & Regulation | news 23 Oct 15
IoM set for single financial services regulator
A year after it was announced, the Isle of Man’s three main financial regulatory bodies will merge on 1 November 2015, creating the Isle of Man Financial Services Authority (IoMFSA).
Satori launches Hong Kong offshore pension plan aimed at employees
Global fund distribution company, Satori Consultancy, has launched a Hong Kong registered offshore pension plan structured by Legacy Trust Company (LTC) as an occupational scheme.
Tax & Regulation | news 22 Oct 15
UK tax gap stable at £34bn
The UK’s ‘tax gap’ has remained around the £34bn mark over the previous year, according to the latest figures from HM Revenue & Customs.