Managers of Wealth

PWC Makes its Way to the Top in Switzerland – and Hopes for UBS

Figures show that gross revenues rose by 30 percent in the financial year to June.

ZEDRA to acquire fiduciary services business from AlTi Tiedemann Global

ZEDRA will welcome 59 employees who have been providing trust, corporate, marine and aviation, and family office administration services through its offices in the Isle of Man, Geneva and London.

UBS's Ermotti to Get a Serious Case of Deja Vu as French Trial Continues

The trial overshadowed the end of Sergio Ermotti's first term as UBS's chief executive officer in the autumn of 2020.

Increasing the inheritance tax threshold will pull 12,500 families out of IHT annually

Quilter’s calculations show this reform would cost the Treasury on average £1.4 billion per year and prevent around 12,500 families paying inheritance tax each year.

Professional Investment Portfolio Management

As a result, certain UK retail protections may not be available to clients of Fisher Investments.

Union Investment reshapes management of €20bn multi-asset range

The German fund house has reworked senior roles and prioritised risk metrics over asset allocation calls.

FCA issues stern warning to high-cost and underdelivering wealth managers

‘We have seen many wealth managers and stockbrokers failing to meet their obligations to provide a service that delivers good consumer outcomes’

Finma recognizes new risk – after the crisis is already over

The supervisory authority now attaches greater importance to the risks associated with liquidity and refinancing as well as the outsourcing of business activities.

German regulator finds ‘serious deficits’ in Leonteq’s due diligence

Swiss SEBA Bank gets approval to provide crypto-related services in Hong Kong

SEBA will begin offering its services to institutional, professional investors and high-net-worth individuals in Hong Kong with immediate effect

How to prepare your taxes for 2024 if you’re a HNW

Tax advisers tell Spear’s how HNWs can get their affairs in order before the 31 January self assessment deadline and the new tax year in April

Types and uses of Cayman Islands law trusts

It is an arrangement intended for the safekeeping, management and eventual disposal of property.

Withers' charity and philanthropy team wins recognition in major legal directories

The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024.

VT5 enters into Business Combination Agreement with R&S Group

R&S Group is a high-growth, profitable company with a net cash position.

Swiss Central Bank Says It Couldn’t Save Credit Suisse

The Swiss National Bank lacked the means to rescue Credit Suisse

EU tax observatory advocates for global minimum wealth tax

In contrast, affluent individuals who do not employ these loopholes face income tax rates ranging from 20 percent to 50 percent the report highlights.

Following the UK Finance fraud report Quilter reveals its Halloween CORPSE scam avoidance framework

Louise Cockburn information security awareness and culture manager at Quilter, below talks through Quilter’s CORPSE scam framework

Madonna ‘facing £300,000 fine after breaching super-strict show curfew’

Curfew rules from the O2’s operators AEG and Transport for London include fines of £10,000 a minute for shows that overrun.

Scrapping inheritance tax reliefs could send farms and small businesses to the wall

These reliefs have previously attracted criticism, with the implication being that wealthy individuals may invest in farmland or small businesses purely to shield their wealth from IHT.

Singapore Crypto Bourses Work With UK Investigators

According to Benton, this unique NFT cuts down the duration to freeze assets.

Legal,Regulation,Tax & Compliance