Retirement | 30 Jul 15
UK Gov’t outlines defence against ‘excessive’ pension exit fees
The UK Government has proposed three solutions to combat “excessive” early exit charges on pension schemes following fears they are restricting access to the new retirement flexibilities.
Investment | 30 Jul 15
Thomas Miller Investment launches pair of bond funds
London-headquartered Thomas Miller Investment has unveiled two Dublin-domiciled bond funds as it looks to grow its collective investment funds business.
Vanguard cuts levy on LifeStrategy ETFs as price war rages
Vanguard has added another chapter to the fund price war by cutting the initial levy from its LifeStrategy range of index-linked funds.
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.
Nomura Int’l fined after breaching Hong Kong regulations
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.