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News

Offshore Investment

SLI adds Lux Sicav range to German platform

Standard Life Investments has rolled out its Luxembourg-domiciled Sicav fund range to key intermediaries in Germany via the Moventum fund platform.

clock 31 July 2009 •

Economics / Markets

US shares rise on signs recession is easing

US shares gained as investors took heart from better-than-expected US GDP numbers, showing the pace of economic decline is slowing.

clock 31 July 2009 •

Regulation

FSA bans adviser for not paying fees

The FSA has banned a mortgage broker for failing to pay his regulatory fees.

clock 31 July 2009 •

RDR

Factoring ban the biggest concern for advisers - report

The abolition of factoring as part of the RDR is the biggest worry among IFAs, according to a report from NMG Financial Services Consulting.

clock 31 July 2009 •

Offshore Investment

KSF victim in YouTube attack on IOM govt

A masked expat pensioner whose savings are trapped in collapsed bank Kaupthing Singer & Friedlander (KSFIOM) has launched a scathing musical attack on the Isle of Man Government via YouTube.

clock 31 July 2009 •

Offshore Investment

Documents 'implicate' Guernsey in Landsbanki saver saga

New documents have come to light revealing how the Guernsey government failed to push for the recovery of savings of collapsed bank Landsbanki Guernsey, an action group claims.

clock 31 July 2009 •

Protection

Friends Prov adds five years to IP ceasing age

Friends Provident has raised the age individuals can receive payouts on its income protection (IP) plans, from 65 to 70 for both men and women.

clock 31 July 2009 •

Offshore Investment

Royal London 360° overhauls MENA protection product

Royal London 360° will replace its Protection Lifestyle proposition with a revamped product for expats and the local market in the Middle East and Far East.

clock 31 July 2009 •

Economics / Markets

Credit crunch cost $10trn worldwide; UK to suffer most

The credit crunch has cost world governments a combined total of over $10trn in support for financial institutions, according to the International Monetary Fund (IMF).

clock 31 July 2009 •

Offshore Investment

Best of the web: UBS client admits filing false tax return

A New York toy salesman pleaded guilty to filing a false tax return that concealed assets at UBS AG, and he implicated four other people while detailing the bribery of a Swiss government official.

clock 31 July 2009 •
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