Managers of Wealth

TISE opens London office

Opening this office further supports TISE’s business development activities across public and private markets

Karin Keller-Sutter Wants to Keep an Eye on US Banking Regulation

This is also being closely monitored in Switzerland and the UK.

Court confirms CS cartel fine

The fine was waived because of its cooperation.

CS espionage legacy keeps UBS lawyers busy

This sentence alone makes it clear what a confusing legal legacy the UBS lawyers have to deal with.

FINMA warns of new wave of phishing emails

The senders of the emails claim to be FINMA employees. FINMA does not send such emails and does not contact private individuals as a matter of principle.

SFC unveils first batch of brokers joining Wealth Management Connect Pilot Scheme

The SFC will continue to work with stakeholders to further enhance and expand the WMC scheme

Taxpayers can’t pay for ‘misconduct of banks’ – Swiss finance minister

The government earlier this year laid out plans for tougher capital requirements for UBS and Switzerland’s three other big banks in a bid to make the financial sector more robust after the crash of Credit Suisse.

FCA prepares to take action over Crispin Odey’s ‘lack of integrity’

The FCA issued a notice that Odey’s behaviour towards the firm he founded Odey Asset Management and the regulator ‘lacked candour’.

Octopus breathes sigh of relief as £4.5bn saved from IHT selloff

The asset manager’s large IHT portfolios were not overly punished in the Budget despite the tax relief available on its AIM portfolios being halved from 2026.

What does the Budget 2024 mean for the wealthiest UK taxpayers?

As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the government's tax policies will have on Britain's HNWs and entrepreneurs

Search for lower taxes spike from wealthy ahead of UK Budget

Rachel Reeves, Chancellor of the Exchequer, outlined her Budget today which may contain various tax rises for UK residents which Canaccord say has been causing concern for their wealthy clients.

A new fiscal landscape: how Labour’s budget impacts wealthy taxpayers

The government’s Budget measures are predicted by the independent Office for Budget Responsibility to generate nearly £40 billion ($52 billion) in additional revenue in the 2025/26 tax year.

PIMFA welcomes 600 professionals at launch of customer vulnerability guide

The event began with welcome remarks from Paul Geddes

Exit tax would not stop flight of wealthy

With the Budget set to hit wealth creators, high net worth individuals and non doms, there are concerns the Chancellor could be eyeing up an exit tax

From capital gains to inheritance tax, what the budget means for Britain’s wealthy

Ahead of Rachel Reeves' 30 October Budget, experts from the Spear's network share their insights into the likely impact of these potential tax changes on the UK’s high-net-worth community

China is now enforcing offshore income tax. Should private bankers be worried?

“Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB.

Structuring strategies for a changing tax landscape

This period of uncertainty has understandably led many clients to adopt a “wait and see” approach as they await the outcome of the upcoming Budget.

Flowbank Exposes Weaknesses in Asset Protection

Customer securities managed by Flowbank, while not part of the bank’s balance sheet, were expected to be transferred to another bank's custody relatively quickly.

‘Tread carefully’ on taxing the rich, warns Wealth Club

Ultra-wealthy individuals might move abroad if the tax system in the UK becomes too burdensome

ECB opens door to faster pace of cuts

President Christine Lagarde noted that ‘we will determine what is the best rate, what is the best speed, how far, how deep we have to go to return inflation to its 2% medium-term target.

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