Figures from the European Fund and Asset Management Association (EFAMA) confirm the current slump in demand for equity and bond funds.
Currency volatility will continue to be a major concern for SMEs throughout 2011.
Guernsey Finance has visited China to strengthen industry relationships in both Shanghai and Beijing.
Jittery stock markets and the continuing debt crisis see investors opting for 'safe haven' currencies.
In its latest crackdown on offshore tax evasion, HMRC has signed an agreement with Switzerland that is expected to secure billions of pounds of unpaid tax for the UK exchequer from 2013.
The United States Internal Revenue Service (IRS) has released, in the form of Revenue Ruling 2011-19, the long awaited confirmation that the £30,000 remittance basis charge will be allowable as a credit for US income tax purposes, says Baker Tilly.
John Van Der Wielen has been appointed Managing Director International at Friends Life. He will replace Rocco Seppe who is leaving the company at the end of September. Van Der Wielen will report directly to CEO, Andy Briggs and will become a member of...