News
Alternatives | news 21 May 15
AIFMD burden hurting European investment, says tax panel
Some fund managers are passing up European investment opportunities in a bid to steer clear of the compliance demands required to meet the Alternative Investment Fund Managers Directive (AIFMD), according to a panel of tax experts at the recent Guernsey Funds Forum.
Tax & Regulation | news 21 May 15
Advisers adapting well to a post-RDR world
Adaptation to the RDR is having a discernible impact on profitability in the adviser community, with almost two-thirds of businesses saying they are more profitable than in 2013.
Offshore Bonds | news 20 May 15
Pension reforms give Old Mutual Wealth sales a lift
The UK pension reforms have caused the demand for financial advice to rise significantly, according to Old Mutual Wealth.
Net assets in UCITS break through €9trn in March – EFAMA
Net assets in UCITS funds broke through the €9trn (£6.42trn, $9.97trn) mark for the first time in March, according to the latest data from the European Fund and Asset Management Association (EFAMA).
Tax & Regulation | news 20 May 15
Hargreaves shares fall on FSCS levy spike
Despite announcing plans to dip its toes into the non-advised space, shares in Hargreaves Lansdown fell around 3% on Wednesday, largely in response to it highlighting the significant increase in its Financial Services Contribution Scheme levy payment.