News
Irish funds look forward to Hong Kong Stock Connect approval
The Central Bank of Ireland’s clarification of rules governing how Irish-domiciled funds can utilise the Shanghai-Hong Kong Stock Connect scheme should spark a rush of applications, according to Irish Funds, which represents the cross-border funds industry in Dublin.
Tax & Regulation | news 15 Jul 15
Exclusive: Guernsey chief minister defends island’s tax credibility
Guernsey chief minister Jonathan Le Tocq has defended the island’s position as an “international leader” in tax cooperation after it was placed on the European Commission’s tax haven blacklist last month.
Retirement | news 15 Jul 15
Overseas advisers offered access to support on DB transfers
QROPS provider Sovereign has teamed up with Alexander Beard to give overseas advisers access to the FCA-regulated advice now required for transfers out of defined benefit schemes.
Retirement | news 15 Jul 15
ABI: Pension freedoms see savers withdraw £1.8bn in two months
British pension savers have withdrawn more than £1.8bn from their pension pots in the first two months since the start of the freedoms, new figures revealed.
Investment | news 15 Jul 15
BoE could spring interest rate surprise – Flanders
The Bank of England could spring an interest rate rise on markets sooner than expected, according to JP Morgan’s Stephanie Flanders.