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Canada launches consultation into limiting use of corporations for HNWI tax planning

By: Helen Burggraf | 21 Jul 2017

The Canadian government this week has launched a consultation into whether the use of private corporations by wealthy individuals for begun consulting on proposals to restrict high-income…

Canadian asset managers resisting plans to ban commission fees: report

By: Helen Burggraf | 26 Jun 2017

Plans to reform Canada’s C$1.5tn (US$1.1trn) investment industry, in order to eliminate potential conflicts of interest on the part of those selling investment products, are running into…

Toronto latest to cool housing market by taxing foreign buyers

By: Helen Burggraf | 24 Apr 2017

Foreigners who buy homes in the greater Toronto area are to face a new 15% extra tax, as the government of the Canadian province of Ontario moves…

Corbyn backs fight against state pension freeze of some expat pensions

By: Gary Robinson | 27 Mar 2017

More than half a million expats living on frozen state pensions could get a 2.5% hike in their pension payouts bringing them in line with other retirees…

London still tops GFCI league table, as Asian centres gain, Dubai slides

By: Helen Burggraf | 27 Mar 2017

Asian cities – including Singapore, Hong Kong, Tokyo, Shanghai, Osaka, Beijing and Kuala Lumpur – gained ground, if not in all cases actually rising in the ranking,…

Manulife gets China’s first-ever ‘wholly foreign-owned enterprise’ licence

By: Helen Burggraf | 15 Mar 2017

Manulife, the Canadian insurance and financial services giant with a significant presence in Asia, said today it has been granted an investment company wholly foreign-owned enterprise (WFOE)…

Aetna Int’l unveils Canadian expansion, targeting expats ‘coming in’ or leaving the country

By: Helen Burggraf | 01 Mar 2017

Aetna International, the international arm of Hartford, Connecticut-based, NYSE-listed health insurance giant Aetna,  has announced a major expansion into Canada, beginning with the opening of an office…

Investec names Trilli to its growing Americas sales team

By: Helen Burggraf | 27 Feb 2017

Investec Asset Management said it has expanded its Americas sales team, with the hiring of  Michelle Trilli as sales director, to oversee the South Africa and UK-based…

Sun Life HK names Jeudy to succeed Dehni as CEO

By: Helen Burggraf | 23 Feb 2017

Fabien Jeudy has been named chief executive of Sun Life Hong Kong, the Hong Kong arm of Canada’s Sun Life Financial, as the company announced a number of…

Canadian and UK regulators agree co-op deal

By: Gary Robinson | 23 Feb 2017

The UK’s Financial Conduct Authority (FCA) and Canada’s Ontario Securities Commission (OSC) have a signed a co-operation agreement in a bid to enhance the development of fintech…

Last three Canada ROPS schemes vanish from HMRC list

By: Helen Burggraf | 15 Feb 2017

The last three Canadian ROP schemes on HM Revenue & Customs’ official last have vanished, as of this morning. All three of the remaining schemes were BMO (Bank…

Official: Bank of Montreal ROPS schemes in Canada for over-55s only

By: Helen Burggraf | 25 Nov 2016

All three of the only recognised overseas pension schemes in Canada to survive HM Revenue & Customs’s latest purge of such vehicles on its official list will…

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