United Kingdom | 23 Feb 18
Pension freedoms behind wave of ‘silver splitters’
Although divorce can cut a swathe through your retirement plans, pension freedoms are thought to have embolden some to make the leap into a single life, research from Prudential has revealed.
Best Practice | 23 Feb 18
How new Isle of Man pension freedoms differ starkly from the UK
The Isle of Man budget on 20 February introduced the concept of pension freedoms to the island’s pensions legislation, setting out some stark differences to the already established UK rules.
Phoenix £6bn offshore bond grab opens market to last players
The acquisition of Standard Life Aberdeen’s UK and European insurance arm will net closed book insurer Phoenix Group around £6bn ($8.35bn, €6.8bn) in offshore bonds, Phoenix Group’s head of corporate communications, Shellie Wells, confirmed to International Adviser.
Fidelity makes U-turn on research costs
Fidelity International has reversed its stance on research costs and is joining many asset managers in absorbing the fees of external research, instead of passing it on to clients.
SJP launches discretionary wealth management service in Asia
St James’s Place Wealth Management has launched discretionary managed accounts in Hong Kong, its first such offering in Asia.