high net worth

UK pensions not generous

A clampdown on suspected tax avoidance among taxpayers with rapidly rising wealth has netted HMRC an extra £11.5m since it began targeting the group in 2012, according to calculations.

Former chief executive of Bestinvest John Spiers has raided his old firm for five senior wealth management staff to build a new discretionary investment proposition aimed at high net worth clients.

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

Millionaires cite their three biggest financial regrets as not having a financial plan, not reviewing investments regularly and, finally, taking on too much debt, according to research released today.

Company owners in emerging markets are still disadvantaged when it comes to creating global brands due to attitudes towards money management and wealth.

Gillian Cardy goes through the top questions advisers have about independence versus restricted debate.

EXPATS

The latest World Wealth Report by Capgemini and RBC Wealth Management shows there was a slight increase in the global high net worth population since 2011, particularly in the Asia Pacific region.

RBC Wealth Management has appointed Michael Kay to head up RBC's department for international ultra high net worth (UHNW) client credit solutions.