Australia’s Macquarie Group to buy Luxembourg asset manager
The investment management division of Macquarie Group is to acquire Luxembourg-based ValueInvest Asset Management for an undisclosed sum.
Best Practice | 12 Mar 18
40% more hit with lifetime allowance tax bills
Increasing numbers of middle income earners in the UK are being hit by the reduced lifetime allowance (LTA), with a 40% increase in people triggering an extra tax charge in tax year 2016/17, according to Old Mutual Wealth.
Alternatives | 12 Mar 18
Cryptocurrency exchange puts $250k bounty on hackers
Anyone with information that leads to the arrest of would-be cryptocurrency thieves stands to collect $250,000, after the exchange that was attacked placed a bounty on the hackers’ heads.
Petition to scrap 25% Qrops charge on the slow road to nowhere
A bid to force the UK Government to repeal the 25% charge on qualifying recognised overseas pension schemes (Qrops) is not generating nearly enough signatures to generate a government response.
FBI operation delayed shutdown of defunct British DFM
Insolvent discretionary fund manager Beaufort Securities was given a stay of execution by the UK regulator to allow the Federal Bureau of Investigation to finish its undercover operation, it has been revealed.