LM action group criticises rising costs of insolvency
Financial advisers linked to the failed LM Investment Management funds, in which many expats in the Middle East and Asia lost money, have criticised the rising bills from insolvency practitioners and the slow pace of Australian regulators in dealing with the case.
Retirement | 29 Sep 15
Pitfalls in drawing income from offshore pension plans
Having saved for most of their life to amass an income to use in retirement, most people get to a certain age and start to think about drawing on those financial reserves as they wind down from the daily grind.
ESMA publishes final standards for MiFID II
The European Securities and Markets Authority (ESMA) has released its final technical standards for MiFID II and the Market Abuse Regulation (MAR), which set out how the new legislation will work in practice.
People Moves | 29 Sep 15
Ventre departs as Old Mutual revamps multi-asset offering
John Ventre, Stewart Cazier and Francois Zagame are to leave Old Mutual Wealth as the firm completes a major overhaul of its multi-asset capability.
Tax & Regulation | 29 Sep 15
New tax disclosure amnesty for Finland
Finland is on course to introduce new rules for a temporary amnesty allowing voluntary disclosure of undeclared foreign investment income.