Companies
46% drop in UK firms offering DB transfer advice in a year
It is a ‘worrying and very sharp reduction’ as 36% expect to reduce business in the market
Wealth firm unveils global family office JV with Hinduja Group
It will have operations in London, Geneva and Singapore
Pension fraud suspect extradited to UK in criminal case
Regulator alleges 245 savers were persuaded to transfer their savings totalling £13.7m into 11 schemes
Pimfa welcomes FCA consultation on permanent change to 10% rule
Brexit allows UK to ‘discard’ some guidelines ‘which firms may consider cumbersome or unnecessary’
UK wealth giant to expand European presence
As it plans to significantly grow relationships with IFAs based in the EU