Retirement | 22 Sep 15
Over half of rich Britons to retire abroad
More than half of the wealthiest people in Britain are committed to spending much of their retirement overseas, according to latest research by Old Mutual Wealth.
Tax & Regulation | 21 Sep 15
Accelerated payment notices prolong HMRC inquiries, firm says
HM Revenue & Customs has “little incentive” to complete tax investigations after last year’s introduction of accelerated payment notices, a London-based law firm has warned.
Zurich Insurance scraps RSA takeover plans
Zurich Insurance has abandoned plans to buy RSA Insurance Group after making a £5.6bn bid for the rival company last month.
FUND LINKS: Cost is ‘ridiculously important’ in global RDR push
Cost has become “ridiculously important” as more countries move towards an RDR model, argued BNP Paribas’s Julian Kramer during International Adviser’s Fund Links Forum on Thursday.
FUND LINKS: Global life firms should remodel to win in tough market
International life companies need to increase their offering and restructure their distribution models to fight against “unprecedented challenges” in the industry over the next three years, according to NMG’s Ashwin Field.