Half of UK’s top 20 wealthy financiers born outside country – research 19/06/2013
The top 20 wealthy financiers in the UK have a total wealth of over $39 billion and more than half (66 percent) were born outside the UK, according to research from Wealth-X.
HMRC receives 72000 tip offs to tax evasion hotline 19/06/2013
Calls to HMRC’s tax evasion hotline numbered 72,000 last year, according to figures from tax and accounting group Bloomsbury Professional.
Growth and consolidation evident as familiar faces return for Private Client Practitioner's Top 25 Financial Planning Companies 18/06/2013
In a move to reflect the post RDR financial planning sector, Private Client Practitioner has renamed its annual Top 25 IFAs as the Top 25 Financial Planning Companies. As the industry has reacted to the regulatory changes brought about through RDR, a number of the larger and familiar names on the list have cemented their positions as they look to expand their offering across the UK and as a consequence 2013 has seen a period of growth in the industry as the larger firms consolidate their positions at the top of the financial advice market.
Private Client Practitioner's Top 25 Financial Planning Companies - the results 18/06/2013
London's Southbank plays host to pressure group's 'tax haven' on eve of G8 meeting 14/06/2013
The Isle of Shady, a pop-up tax haven on London’s South Bank, has been set up by ‘Enough Food IF’ campaigners today (14/06/2013) as they call for tax justice on the eve of the Open for Growth: Tax, Trade and Transparency event (15 June) and G8 summit (17-18 June).
Jersey's finance industry reports strong results 'across the board' for Q1 2013 14/06/2013
Jersey’s finance industry has reported a positive first quarter of 2013 right across its different sectors, with the levels of bank deposits rising and the value of funds being administered increasing to their highest level in four years.
1 million over 65s still working in the UK 14/06/2013
Figures released by the Office for National Statistics (ONS) have shown that just over a million people over the age of 65 are in work, the highest since records began in 1971. Almost one in 10 people in the age group are working - 615,000 men and 388,000 women.
Research shows sustained support for offshore cenres from the UK's wealthy 12/06/2013
Despite having been a political punching bag for years Offshore Financial Services remain the firm choice for the UK wealthy population, according to a new report from Ledbury Research, market research agency that exclusively focuses on the global wealthy.
Names of world's biggest art collectors revealed 12/06/2013
The world's biggest billionaire art buyers have art collections worth a combined $9.18 billion, constituting around 18 percent of their net worth, according to consultancy Wealth-X.
Billionaire Saudi prince sues Forbes over 'mis-statement of personal wealth' 12/06/2013
Saudi Arabia's Prince Alwaleed bin Talal is suing Forbes, claiming the US magazine undervalued his wealth by $9.6 billion.