Industry
Best Practice | 15 Jan 18
Carillion collapse puts even more scrutiny on DB schemes
Carillion’s imminent liquidation and £587m (€660m, $805m) pension shortfall has put increased pressure on the UK Government to tackle the sustainability of defined benefit (DB) schemes in an up-coming white paper, according to an Old Mutual Wealth pensions expert.
Luxembourg life assurer strikes partnership deal with Feifa
The Federation of European IFAs (Feifa) has struck a deal with OneLife, a Luxembourg-based life assurance company, to provide insurance-based wealth planning solutions to its members.
ETFs drive record inflows at Blackrock
Blackrock has reported record high net inflows for 2017, with $367bn (£269bn, €301bn) for the full year and more than $103bn in the final quarter alone, driven in part by a strong performance by iShares.
RL360° confirms former SJP man in top marketing role
Simon Barwell, formerly of St James’s Place and Friends Provident, has permanently taken on the role of marketing director at RL360° having held the post on an interim basis since February 2016.
Best Practice | 12 Jan 18
All DB pension transfer firms face FCA grilling
The Financial Conduct Authority will collect data from every UK firm that advises on defined benefit (DB) pension transfers, as part of a probe into practices across the market.