View more on these topics

Investec expands Swiss team

Investec Bank has appointed Philipp Schmahl as senior investment practitioner to its bank in Switzerland.

Based in Zurich, Schmahl will develop the bank’s existing wealth management services alongside the London-based private bank and Investec Trust in Geneva. He joins from Goldman Sachs where he worked as an executive director in the investment management division.

Investec Private Bank global head Steve Heilbron says: “We are delighted that we have recruited somebody of Philipp’s calibre to join our Swiss team. He brings with him extensive experience and will play an important role in developing our unique range of specialist wealth management services for the benefit of our clients both in Switzerland and across Europe.”


Howling at the moon

Reports indicate insurance bond sales have fallen in the first half of this year. Some life offices have seen falls of over 50 per cent and the claim is that this devastation has been caused by the changes to capital gains tax introduced in April.

Serious Fraud Office raids pension trustee

The Serious Fraud Office is investigating Money Portal’s pension trustee subsidiary GP Noble after The Pensions Regulator’s decision to replace it as independent trustee of 29 schemes.

Tax avoidance (the fight goes on)

In recent times, we have witnessed high-profile celebrities and sports stars make the headlines for potential tax liabilities on ‘failed’ tax avoidance schemes. We are now used to reading about these individuals, but what about those who advise on such schemes? Read more


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm