News
Middle East | news 1 Sep 15
Non-compliant UAE life and property insurers get IA rule extension
The UAE government has given insurance companies operating in the Emirates an extra year, beginning 28 August, to meet the regulatory requirement which forbids combining persons’ insurance and fund accumulation operations with property and liability insurance operations.
Axa brings together UK and European wealth businesses
Axa Group has made Axa Wealth its ‘European multi-manager investment centre’.
Tax & Regulation | news 1 Sep 15
UK non-dom tax take of £6.6bn ‘under threat’
UK-based non-doms paid £6.6bn in income tax in 2013/14, up 7% from the previous year, according to international law firm Pinsent Masons.
Retirement | news 1 Sep 15
Australia edges back after huge HMRC QROPS cull
An Australia-based overseas pension scheme has been added to HM Revenue & Customs’ approved list of qualified recognised overseas pension scheme (QROPS) after the body delisted thousands of schemes in July.
Cyprus could grant title deeds to overseas property investors
Thousands of Britons who invested in property in Cyprus could finally be granted full ownership of their homes if the Cyprus Parliament pushes through a bill on 3 September.