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News
Lehman creditors to be put into same payment pool
Investment firm may be restructured as asset manager.
Novia's GIA available via Friends' offshore bond
Novia’s gross general investment account is now accessible within Friends Provident International’s offshore bond.
Lehman bosses criticised for crash
Report to NY bankruptcy court details ’misleading picture’ chiefs painted of ailing firm before its demise.
Old Mutual profits down to £247m
South African firm says it will be “ruthless” with poor performing parts of business.
Iceland voters reject Icesave deal
93 per cent of Icelanders vote no to deal to repay UK and Netherlands depositors.
Pru eyes Hong Kong rights issue
Insurer to speed up Hong Kong flotation to aid £14bn rights issue.
Ailo will get international IFA views on rule changes
The Association of International Life Offices has commissioned cross-border consultancy and research firm Acuity Consultants to engage with 20 key international advisers for its consultation into regulatory changes.
Analysis
Offshore tax evasion penalty doubles to 200%
The Government has set out tough new measures to tackle offshore tax avoidance and evasion, including tax penalties of 200 per cent.
No hiding place
Bob Reynolds sets out the terms of the latest and final Revenue tax amnesty on declaring offshore assets and warns that time and places are running out for evaders
