News
United Kingdom | news 24 Jul 15
Old Mutual Int’l launches trust tool to support advisers
Old Mutual International has launched a new online service with the aim of boosting its trust proposition by pointing advisers towards the most suitable trust for their customer’s circumstances.
Axa IM adds to European credit range
Axa Investment Managers is launching the AXA World Funds Euro Credit Total Return fund, the latest addition to its €8.6bn euro credit range.
Tax & Regulation | news 23 Jul 15
Crown Dependency disclosure facilities ‘surprisingly’ underused
Crown Dependency disclosure facilities set up to offer individuals the opportunity to disclose any overdue payments or irregularities have yielded “surprisingly” low returns for HMRC, according to Pinsent Masons.
Lloyds shareholders launch court battle over HBOS takeover
Thousands of Lloyds Bank shareholders, including various large investment funds domiciled in the UK, Europe, the US, Canada and Asia, have kick-started a legal battle after it was alleged the bank’s takeover of HBOS was a bad deal for investors.
Tax & Regulation | news 23 Jul 15
Tax avoidance ‘sham’ defeated in tribunal by HMRC
HM Revenue & Customs has won a legal battle against a £29m offshore tax avoidance scheme where money was supposed to fund research into brain disorders.