IoM regulator scraps January 2018 commission disclosure
UPDATED: Insurers headquartered on the Isle of Man will no longer have to provide customers with generic information about commissions and fees from 1 January 2018 after the island’s regulator scrapped its plans, in a move welcomed by the industry.
Expat demand for buy-to-let soaring despite UK tax changes
The numbers of British expats looking to invest in a buy-to-let property in the UK is booming despite the government’s changes to mortgage relief, Guernsey-headquartered Skipton International has said.
Tax & Regulation | 30 Jun 17
FCA to step up scrutiny of financial advice
The UK’s financial services regulator has released new guidelines to measure the success of last year’s Financial Advice Market Review (FAMR), which looked at how to make advice more affordable and accessible.
PEOPLE MOVES: Old Mutual director runs for Zimbabwe presidency
An Old Mutual director is to run for president of Zimbabwe, while Old Mutual Asset Management and Axa Asia are both losing their chief executives. Deutsche Bank Wealth Management has appointed a former Coutts & Co chief executive to head up its UK business.
DBS Bank opens free financial advice centre in Singapore
Singapore’s financial advice market just got more competitive after DBS opened a financial planning centre that offers free advisory services but does not sell any financial products.
