Industry
FCA probes 109 firms connected to British Steel pensions
The Financial Conduct Authority has contacted 109 firms connected to British Steel Pension Scheme (BSPS) transfers and requested further information from 66 of them, the regulator has confirmed.
Best Practice | 15 Jan 18
French wealth tax restricted to real estate
French residents no longer have to pay a wealth tax on savings and investment income, after sweeping tax reforms came into effect limiting it to real estate.
Offshore firm bolsters Luxembourg and Mauritius offering
Jersey-based corporate, alternative investment and private client services provider Ocorian has completed its acquisition of Luxembourg and Mauritius-based MAS International.
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.