mpf changes act as rdr dry run
In preparation for the ‘Employee Choice Arrangement’, a new initiative in Hong Kong under which clients will be permitted to move their Mandatory Provident Fund (MPF) assets to a new pension provider, financial advisers are drawing up fee structures in what could be interpreted as a “dry run” for an RDR-type environment.
aarings replaces head of asian equities
Barings has appointed Hyung Jin Lee as its new head of Asian equities.
em specialist renaissance registers
Emerging and frontier market specialist Renaissance Asset Managers has received approval to distribute its Ucits funds to retail investors in Switzerland.
People Moves | 28 Sep 12
london and capital sets up specialist division
Wealth manager and US citizen specialist London & Capital has set up a new division to focus on a particular group of international families and appointed Mark Estcourt as executive director to head it up.
Tax & Technical | 27 Sep 12
dispelling the tax haven myth
New research into the behavior of finance centres dispels the myth that so-called "tax havens" are poorly regulated and secretive, according to Jersey Finance's Geoff Cook.