Lloyd’s ‘names’ are to be allowed to form tax-efficient Limited Liability Partnerships, The Times reports.
From 2006, individual investors are to be allowed to form LLPs, allowing them to limit their liability.
The new structure has greater tax advantages over NameCos or Scottish Limited Partnerships, previously the only way investors could cap their potential losses.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars