All articles by Verdict Staff

Verdict Staff

Aschcourt Rowan Financial Planning hires John Spink as area director

Ashcourt Rowan Financial Planning has hired John Spink as area director. Spink will report to financial planning managing director Steven Midgley. William Wesnofske reports.

Only 50% of Canadians regularly seek out tax efficient options while making investment decisions

As the deadline to file income tax returns approaches, BMO Nesbitt Burns issued a study which found that only half (51%) of Canadians regularly seek out tax-smart options when considering new investments.

Pinnacle Private Wealth opens office in Leominster, Massachusetts

Pinnacle Private Wealth has opened an office in Leominster, Massachusetts after completion of its merger with Wachusett Wealth Management.

Non-millionaires desire lowest tax-rates, wealthiest willing to pay up higher taxes: Spectrem

Wealth level studies conducted by Spectrem Group find that non-millionaires want the lowest tax-rates while surprisingly the wealthiest households would be willing to pay a higher tax rate.

DeAWM names new head of ETP strategy in Americas

Deutsche Asset & Wealth Management (DeAWM) has named Dodd Kittsley as new managing director and head of exchange traded product (ETP) strategy in the Americas.

Financial institutions in Americas show upbeat start to 2014: Thomson Reuters

Thomson Reuters has announced the latest results of its proprietary TRust Index, showing that first-quarter 2014 trust sentiment in the Top 50 Global Financial institutions as a whole remained steady, but negative.

Belgium to sign FATCA agreement with US

Belgium is planning to sign an intergovernmental agreement (IGA) with US in Brussels on 23 April to implement the US Foreign Account Tax Compliance Act (FATCA).

Hedge funds make the worst start to a year since 2008: Preqin

Data from Preqin’s Hedge Fund Analyst reveals that hedge funds have suffered their worst first quarter in terms of performance since 2008, with the Preqin All Hedge Fund Strategies benchmark up 1.23% year-to- date (YTD).

Barclays partners with OFI Global to launch new ETNs

Barclays Bank has partnered with OFI Global Asset Management to launch the new Barclays OFI SteelPath MLP ETNs.

Offshore tax havens cost average taxpayer $1,259 a year, small businesses $3,923: US PIRG

A new US PIRG report revealed that the average American taxpayer in 2013 would have to shoulder an extra US$1,259 in state and federal taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals.