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News

Offshore Investment

Isle of Man approves its first Foundation

The Appleby Charitable Foundation is the first Foundation to be approved under the Isle of Man's new Foundation Act introduced at the beginning of 2012.

clock 13 February 2012 •

Offshore Investment

Ireland enhances funds sector

Ireland's Finance Bill 2012 provides further tax efficiency and certainty for funds established in Ireland.

clock 13 February 2012 •

Economics / Markets

UK will avoid double dip recession: CBI

Britain will avoid a double dip recession and modest growth should restart later this year, according to the CBI.

clock 13 February 2012 •

Europe

Violence erupts in Athens as MPs pass austerity bill

Violent protests have broken out in Athens on a day when MPs voted in favour of introducing a package of austerity measures.

clock 13 February 2012 •

Your profession

Bankers arrested in HMRC tax probe

A number of UK bankers have been arrested following an investigation into tax fraud by HMRC.

clock 12 February 2012 •

Regulation

Aegon pays off client's mortgage after pension blunder

Aegon has been ordered to pay a customer £10,500 in compensation after it told him he would receive double the pension income he was actually due.

clock 10 February 2012 •

Tax Planning

Cameron mulls tax breaks for families hiring cleaners

David Cameron will consider providing tax breaks to middle class families who hire cleaners or cooks, he told delegates at the Nordic-Baltic conference in Stockholm last month.

clock 10 February 2012 •

Regulation

FOS orders bank to pay up for mis-selling AIG bond

The Financial Ombudsman Service (FOS) has ruled against a bank for advising a client to invest £3.2m in a bond issued by failed US insurer AIG.

clock 10 February 2012 •

With Profits

Aviva cuts with-profits bonus rates

Aviva has reduced bonus rates on some of its with-profits funds, citing adverse economic conditions.

clock 10 February 2012 •

uncategorised

Cameron warns of pensions 'apartheid'

Prime Minister David Cameron has warned of a pensions "apartheid" between the public and private sector if reforms are not pushed through for public sector workers.

clock 10 February 2012 •
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