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Best Practice

UK providers forced to cap early exit pension charge at 1%

Best Practice | 15 Nov 16

UK providers forced to cap early exit pension charge at 1%

The UK’s Financial Conduct Authority (FCA) and Department for Work and Pensions are to impose a 1% early exit charge cap on existing personal pensions and occupational schemes from 31 March next year.

Zero corporation tax does not ‘make’ a tax haven: EU ministers

Best Practice | 11 Nov 16

Zero corporation tax does not ‘make’ a tax haven: EU ministers

Jurisdictions that offer zero rates of corporation tax, such as Jersey and Guernsey, may not automatically be considered tax havens, EU finance ministers have said.

UK advisers working longer to keep up with demand

Best Practice | 11 Nov 16

UK advisers working longer to keep up with demand

At an average fee of around £157 ($195, €179) an hour, a large proportion of UK advisers are having to work longer hours to keep up with demand, according to a new survey by insurance giant Prudential.

Product Spotlight: review of Old Mutual Int’l Wealth Mgt Plan

Best Practice | 10 Nov 16

Product Spotlight: review of Old Mutual Int’l Wealth Mgt Plan

In the third of a series of three independent reviews of international life products, Brian O’Neill, consultant at Isle of Man-based actuary and consultancy firm Boal & Co, puts the spotlight on Old Mutual International’s Wealth Management Plan.

Offshore pension off limits in UK divorce ruling

Best Practice | 8 Nov 16

Offshore pension off limits in UK divorce ruling

Overseas pensions could be excluded from sharing orders during divorce proceedings after the England & Wales Family Court said that it has no power to make such an order.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.