Industry
Retirement | 31 Jul 18
Pension transfers into Qrops cools to £740m
Measures designed to curb the abuse of transfers to qualifying recognised overseas pension schemes (Qrops) appear to have been effective, the latest UK government figures reveal.
£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
PEOPLE MOVES: Old Mutual Int’l, Guernsey Finance, Tiller
Old Mutual International hires a head of distribution development for Hong Kong, Guernsey finance appoints a deputy chief executive of strategy, while Tiller expands its team with a raft of senior hires.
Discretionary permissions on the slide at Nucleus
Adviser interest in obtaining discretionary permissions on the Nucleus platform has slumped, it has revealed.
Investment | 31 Jul 18
Megatrends that will shape investment growth
There are nine key megatrends that will have a big impact on the investment philosophy of the future, according to research by RBC Wealth Management, part of the Royal Bank of Canada.