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Signa Holding
Signa company failed due to illicit financial transactions, creditors allege
...It is unclear what assets he may still have access to via a series of opaque family trusts controlled by his mother in Austria and Liechtenstein....
March 12, 2024
Bribery and corruption
Qatargate suspect files fresh complaint about Belgian corruption probe
...“I will trust the judiciary the day judges and prosecutors are not politically appointed, OK? I have no trust in the judiciary because its strings are pulled by politicians.”...
February 5, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Newspaper industry
Rothermere’s DMGT ends talks with Qatar over funding Telegraph bid
...Daily Mail and General Trust had been in talks with a Qatari investment group over it taking a minority stake in the owner of the Daily Telegraph as part of the bid....
November 10, 2023
FT Money personal finance guides
Need to Know: A well-written will makes life easier for your family
...“Some people could read those rules and think it makes sense for them, but often for people with extended families and complicated affairs it doesn’t.”...
March 28, 2024
ReviewFilm
The Trust Fall: Julian Assange film review — impassioned documentary about the WikiLeaks founder
...What gives particular urgency to Kym Staton’s documentary The Trust Fall: Julian Assange is that its subject is currently seeking permission to appeal against extradition to the US, having spent almost five...
March 14, 2024
The Royal Family
Princess Catherine apologises for altering family portrait
...Speculation over the photo is an uncomfortable reminder of the fraught relationship that exists between the press and royal family, raising concerns over trust between the two....
March 11, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
Camilla Cavendish
Boosting civil society takes more than schmoozing the National Trust
...National Trust Woman will not be easily won over....
January 26, 2024
UK tax
‘Non-doms’ rush for advice on Labour’s tax reform plans
...Depending on their circumstances — such as family ties and location of residences — they could still retain a home in the UK and spend a limited amount of time in the country....
April 12, 2024
Rene Benko
Liechtenstein prosecutor probes Signa founder Benko’s hidden wealth
...Benko is also the beneficiary of at least two trusts in Liechtenstein — the Ingbe foundation, and the Arual foundation, investigations by the Austrian magazine News have concluded....
April 12, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...beneficiary of the trust....
March 27, 2024
Ruffer Investment Co Ltd
Ruffer to axe jobs after poor investment performance
...Its £1bn investment trust also had a tough 2023, with the trust’s managers noting that last year was “the worst in the history of Ruffer Investment Company”....
April 14, 2024
Personal Finance
Should you sign a prenup?
...On one hand, it could provide engaged couples — and their families — with financial peace of mind. On the other hand, it could prematurely split them up....
February 1, 2024
Fashion
What it’s like to run a fashion brand with family
...“We trust each others’ opinions and instincts,” says Richard, who has dressed Amal Clooney, Princess Beatrice and Sydney Sweeney in his ornate designs....
March 23, 2024
Your QuestionsLucy Warwick-Ching
Do we have to repay loans to my in-laws?
...I’m contemplating the best way to support my family....
March 20, 2024
Vietnam
Vietnamese property tycoon sentenced to death over $12bn fraud
...Her actions had also eroded the public’s trust in the leadership of the ruling Communist party and the state, it said....
April 12, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
LexCorporate governance
A non-profit motive need not be bad for business Premium content
...Some of the most prominent, like the UK’s Wellcome Trust, have divested and diversified. Ownership by a non-profit can constrain expansion....
March 31, 2024
Jacob Rothschild
Jacob Rothschild, British financier, dies aged 87
...He chaired the listed investment trust from 1988 until 2019....
February 26, 2024
Donald Trump
Trump family’s luxury Scottish golf resort makes first-ever profit
...SLC Turnberry — the company that operates the resort — lists the Donald J Trump Revocable Trust as its ultimate controlling shareholder....
January 10, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rupert Murdoch engaged to be married at 92
...The latest marriage will not affect the ownership of the Murdoch family trust, which controls News Corp and Fox, the person familiar with the matter said....
March 8, 2024
News in-depthPersonal Finance
Will the Budget leave you better off?
...Broadly, the foreign trust gains and income are only subject to UK tax when trust funds are distributed to UK residents....
March 8, 2024
Q&AThe Questionnaire
Farmer and actor Kelvin Fletcher: ‘What would I have done differently? Gone into the corporate world’
...I trust that some things are beyond my comprehension, which makes it easier to accept. Name your favourite river.The Dane runs through the Peak District, past our farm....
March 23, 2024
Joe Lewis
British billionaire Joe Lewis avoids US prison in insider trading case
...That shareholding is now owned by a trust on behalf of his family....
April 4, 2024
Special ReportFT Wealth: April
How Asian philanthropists are donating more — but differently
...But even organisations with the proven impact of Tata Trusts still face challenges....
April 12, 2024
Your QuestionsLucy Warwick-Ching
Should I open a bank account with my partner?
...The assets held in overseas trusts will not pass under your aunt’s will so you would need to consider the trust documents or contact the trustees to establish who are the beneficiaries of any trust assets...
March 13, 2024
Money laundering
Swiss private banker charged with stealing dirty money from own client
...The banker exploited the trust put in him by his client, the authorities claimed, and stole the money outright, as well as making associates, family and friends large loans from it....
April 3, 2024

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