Industry
Retirement | 27 Apr 18
FCA’s Bailey tackles decumulation ahead of retirement report
Financial Conduct Authority chief executive Andrew Bailey has listed the growth of decumulation products as a key issue for the regulator as it prepares to launch its retirement outcomes review.
High net worth insurance market heats up
Insurer Berkeley Alexander has rolled out enhanced coverage for wealthy clients, while a competitor has launched a travel product aimed at the rich.
Damning revelations from Australia’s Royal Commission
The second week of Australia’s Royal Commission into financial advice was not a let-down after a jaw-dropping first week. Click through the slides below to see what happened…
UK pension freedoms withdrawals hit £17bn
Almost £17.5bn (€20bn, $24.3bn) has been withdrawn from pensions since the freedoms were launched three years ago, according to the latest figures from HM Revenue & Customs.
Asset manager targeted in criminal investigation
The City of London Police has appealed for information following allegations that the management and staff of Kingsbridge Asset Management, including financial advisers, conspired to defraud a large number of clients.