Legal Archives - Page 53 of 211 - Managers of Wealth

Anti-tax bias exists within private wealth industry

June 2, 2023

The research said the industry uses homogenous “anti-tax” language in its communications and is "too quick" to default clients into products and services focused only on tax reduction and tax-led structuring.

Legal

FCA approves prospectus of Rathbones’ merger with Investec W&I

June 2, 2023

The regulator has given the go-ahead to prospectus and shareholder circular of the deal between Rathbones and Investec W&I to create a £100bn wealth giant.

Legal

Charity land disposals: new law is coming into force

May 30, 2023

Third Sector magazine has reported research that the number of fundraising jobs advertised as offering hybrid working has grown by 900 per cent since before the pandemic.

Legal

2% tax on UK rich list families ‘could raise £22bn a year’

May 29, 2023

Campaigners for tax reform say similar levies in Europe have helped to reduce inequality

Legal

Carey Olsen named Offshore Law Firm of the Year by Chambers Europe

May 26, 2023

Winners across the 26 categories were selected based on extensive research and client interviews conducted by a team of more than 200 research analysts.

Legal

Swiss Government Orders Credit Suisse Bonus Ban

May 25, 2023

he order, which follows the multibillion-dollar government bailout of Switzerland's second-largest bank, applies to around 1,000 bankers at the top three management levels of Credit Suisse.

Legal

FCA proposals to align rules for fund managers and discretionary investment managers pose material threat, says PIMFA

May 24, 2023

PIMFA members are deeply concerned that such an alignment would result in rules that have been specifically designed for the management of funds

Legal

AFCA outlines systemic issues in wealth management

May 23, 2023

In the superannuation sector, one identified issue concerned the provision of insurance attached to super funds.

Legal

FCA plans to align rules for fund managers and investment managers pose material threat says Pimfa

May 23, 2023

The extension of fund rules to managed portfolio services would, in almost all cases, be entirely inappropriate.

Legal

FCA says it wants the UK to become ‘hostile environment’ for fraudsters at PIMFA’s Financial Crime Conference

May 19, 2023

The Financial Conduct Authority in a collaboration with industry, plans to make greater strives in ensuring the UK is a hostile environment for fraudsters, delegates at PIMFA’s Financial Crime Conference were told today (18 May 2023). Opening the conference Nick Hulme, Head of Department (Advisers, Wealth and Pensions) at the FCA, said prevention of […]

Legal

Qatari sovereign wealth fund considers legal action over Credit Suisse takeover

May 19, 2023

The Qatar Investment Authority (QIA), Credit Suisse’s second-largest shareholder, is considering legal action against the Swiss group’s merger with UBS. According to a report by Reuters, the Qatari sovereign wealth fund could incur a loss of around $330m because of the Credit Suisse/UBS merger. The fund claims the loss is a result of the […]

Legal

Bermuda: Are you PIPA ready?

May 19, 2023

The Personal Information Protection Act in Bermuda has been in effect for some time now, but not all of its provisions have come into force. While the establishment of the Office of the Privacy Commissioner was one of the initial provisions that came into effect, the majority of the operative provisions are still pending. […]

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