Offshore Investment

The European Fund and Asset Management Association (EFAMA) has identified pensions as a priority area for the industry going forward and supports a harmonised European pension plan.

Guernsey continues to build on its commitment to meeting international standards of transparency and exchange of information in tax matters.

Today's tax deal between the UK and Switzerland, designed to recoup £7bn from Brits with funds in Swiss bank accounts, is "unrealistic", according to accountants Baker Tilly.

Jersey-based Stanley Gibbons Group, the AIM listed Company which trades in rare stamps, historical documents, rare coins and select military medals has opened up for business in Hong Kong.

A half-day conference will promote the low taxes and benefits for both individuals and companies of relocating to Switzerland.

A breakdown of total expense ratios (TER) reveals that UCITS fund managers retain on average 42% of fees and charges, while most of the remaining 58% is paid to distributors and on administration charges.

Cayman-based Melchior European Fund from Dalton Strategic Partnership (DSP) has closed to new and exiting investors following a period of strong inflows.

Demand from advisers has prompted VAM to launch a Sterling share class for its Luxembourg-based VAM US Mid Cap Growth Fund.

Financial, actuarial and business consultants, LCP, has announced the expansion of its international network into Mexico, Russia and the Commonwealth of Independent States ("CIS") countries, with the addition of two new member firms: Vitalis Actuaires...

Recent rate rises on expat savings accounts is seeing annual interest rates of over 4 per cent now on offer on 5 year fixed term deals. And rates are beginning to rise on shorter term deposits.