High Net Worth
Growing HNWI interest leads Old Mutual Int’l sales to triple
Old Mutual International (OMI) saw net sales triple in the first half of 2015, while its volume of business from high net worth customers grew across all regions.
Retirement | 29 Jul 15
Gov’t considers scrapping ‘regressive’ HNWI pension relief
UK pensions minister Ros Altmann has confirmed that the Government is considering the abolishment of the remaining “regressive” pension tax relief for high earners after slashing the benefits in last month’s Budget.
Tax & Regulation | 16 Jul 15
UK Gov’t to tighten salary rules to enforce pension taper
The UK Government plans to tighten rules around salary payments to enforce new rules governing annual tax free pension contribution allowances for high earners.
RBC to sell Swiss arm as it increases Asian focus
The Royal Bank of Canada will sell its Switzerland-based private banking business to the SYZ Group so it can focus increasingly on Asia and the British Isles.
Investment | 30 Jun 15
Greek crisis causes surge in investors seeking professional advice
The number of investors looking for help from wealth management firms has soared as the situation in Greece sparks greater market volatility.