Managers of Wealth

PolicyStreet Granted Takaful Operations Authorization by Labuan Regulator

The Takaful industry in Malaysia is experiencing rapid growth

Majority of advisers plan to increase clients’ exposure to AIM over the next 12 months

The three most important reasons for the highly positive sentiment towards AIM is primarily because advisers believe it offers investors unrivalled access to exciting smaller companies with new technologies and new business models.

Could HMRC’s ‘side-hustle’ crackdown impact HNWs?

The sale of luxury goods on second-hand online marketplaces could come under scrutiny

Chinese wealth manager Zhongzhi files for bankruptcy liquidation

The court said it accepted Zhongzhi's bankruptcy liquidation application in accordance with China's enterprise bankruptcy law.

UHNWs brace for tax reform in election year

Non-dom status and IHT are set to be front and centre on the political stage. Tax advisers share how clients are already taking action

Allen & Overy advises Edmond de Rothschild on a strategic agreement with Apex Group

This supports Edmond de Rothschild’s strategy to focus on its core areas of expertise in private banking and asset management.

Financial Scandals Run Amok in Asia

Numerous banks have been used by the suspects in some form including UBS, Deutsche Bank, Citi, CIMB, DBS and Bank of Singapore.

Schroders supports FCA’s proposed UK listing rules

These important changes are most welcome.

Tax evasion: Swiss banker pleads guilty

U.S. taxpayer clients paid IHAG and others high fees for helping them hide their funds and assets and evade taxes

Julius Baer Probed by Regulator Finma Over Signa Risk Lapses

Finma itself has faced criticism this year following the near-collapse of Credit Suisse.

Seasonal tips for getting self-assessment right and completing that tax return by 31 January

If you do not have a tax adviser to prepare your return for you, Toby Tallon, tax partner at Evelyn Partners has the following seasonal UK tax return tips.

HMRC’s Christmas Nudge: Pandora Papers

With the festive season fast approaching, HMRC has released the latest round of nudge letters urging taxpayers to review their tax affairs in light of the Pandora Papers data leak.

Unlicensed Zurich IAM accused of fraud

Wetzikon-based Zwide has been accused of copying an independent asset manager in Germany.

Is tax management top of mind?

This means many clients are likely missing out on tax management opportunities available throughout the year.

Birmingham-based British Steel advice firm failed by the FSCS

BlueSky Wealth Management was placed into liquidation in April

FCA slams financial promotion exemptions for HNW individuals

Regulator says the exemptions result in consumer harm

AJ Bell reports 'strong' results with 50% jump in pre-tax profits

33% increase in revenue

How the US tax evasion crackdown impacted Swiss banking

US action against Swiss banks started in 2009 with UBS paying out $780 million to defer a tax evasion prosecution.

Nucleus Wrap customers to benefit from another cut to standard platform charge

The rate cut is effective from 1 December and is the second major investment in reducing price for customers in the last 18 months.

Here’s why Switzerland may not go for a minimum corporate tax rate

The tax rate was expected to be around 15% at the time.

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