News
Indemnity commission ban heralded a game
The ban on the payment of indemnity commission on Investment Linked Assurance Schemes in Hong Kong has been described as a game-changer by leading advisers.
Investment | news 1 Aug 14
Channel Islands and BVI hold two thirds of UK
Property in England and Wales worth £122bn or more is held through companies in offshore tax jurisdictions where ownership is tricky to establish, according to Land Registry data analysed by the Financial Times.
United Kingdom | news 1 Aug 14
Business growth continues
Axa Wealth Internationals funds under management have exceeded £9bn as the international market continues to adjust to regulatory disruptions and evolving attitudes towards platforms.
Indemnity commission to be banned in Hong Kong
The payment of indemnity commission, or clawback, by product providers selling Investment Linked Assurance Schemes in Hong Kong is to be banned from the beginning of next year.
Pictet expands absolute return range
Pictet Asset Management has launched a new absolute return fund that expands its Total Return fund range.