HSBC is selling its Middle East private equity arm, HPEME, to the current management for 3.4m dollars.
HPEME was established in Dubai in 2002 and has funds under management of approximately $480m, with investments in 18 businesses.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
