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News

ETFs

ESMA proposals are unwarranted says IMA

The Investment Management Association (IMA) believes that recent proposals by ESMA to apply greater regulation to Ucits ETFs and structured Ucits products are both unwarranted and inconsistent.

clock 23 September 2011 •

Offshore Investment

Fairbairn Private Bank achieves UAE authorisation

Fairbairn Private Bank has been granted a representative office licence by the Central Bank of the United Arab Emirates. The bank plans to open an office in Dubai in response to growing demand from clients based in the United Arab Emirates (UAE).

clock 23 September 2011 •

Offshore Investment

Stadia launches SIPP and QROPS directory

Launched by Stadia Trustees, the directory provides a one stop, information portal for Self Invested Personal Pensions (SIPP)and Qualifying Recognised Overseas Pension Schemes (QROPS) investments that are permitted and allowable under HMRC rules.

clock 23 September 2011 •

Tax Planning

ScotWids loses court battle against HMRC

Scottish Widows has lost a case against Her Majesty's Revenue and Customs (HMRC) in the Supreme Court.

clock 23 September 2011 •

Economics / Markets

FTSE holds ground after post-Twist sell-off

London's blue chip index stood firm in early trading today after yesterday's global sell-off.

clock 23 September 2011 •

uncategorised

Head teachers ballot for pension strikes as doctors refuse walkout

Head teachers may join in a day of strikes over reforms of their pensions on 30 November.

clock 23 September 2011 •

Economics / Markets

Cameron: Global economy close to 'staring down the barrel'

Prime Minister David Cameron warned last night the global economy is under threat by the failure of eurozone leaders to agree a lasting deal to stabilise the single currency.

clock 23 September 2011 •

Regulation

Lobby group to govt: Save £900m a year with our pension plan

The government can save £900m a year from public sector pensions without raising workers' contributions for two years, a lobbying group has argued.

clock 23 September 2011 •

Economics / Markets

FTSE falls 5% on gloomy Fed outlook

(Updated 2pm) Continued heavy selling saw London's FTSE 100 slump by more than 4.9% to its lowest level in a month after the Federal Reserve painted a gloomy picture of the global economy.

clock 22 September 2011 •

Bonds

Rathbones to launch Strategic Bond fund

Rathbones Unit Trust Management has unveiled a Strategic Bond fund to be managed by Bryn Jones.

clock 22 September 2011 •
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