Industry
Hurdles to overcome for ‘unwary’ Britons retiring in the sun
One in ten UK residents over the age of 50 want to retire overseas, with Spain topping the list of the most popular destinations, but they must do their “homework” first.
Generali signs $172m agreement to sell Panama business
Generali has entered into an agreement to sell its business in Panama, the latest in a series of exits from Latin American markets for the Italian insurer.
Retirement | 8 Aug 17
Trust in pension advice being destroyed warns advice firm boss
The public’s trust in pension advice is being destroyed by “so-called industry experts”, the boss of retirement advice firm UK Workplace Solutions has warned.
PEOPLE MOVES: Manulife, Sanlam UK, GAM
Manulife Hong Kong has a new chief financial officer, while Sanlam UK has raided Close Brothers Asset Management to find a chief executive for its new private office proposition. GAM has poached its new representative director and president for Japan from Schroder Investment Management.
Best Practice | 7 Aug 17
Int’l implications of the UK’s residence nil rate band
The new Residence Nil Rate Band (RNRB) could have some complicated domicile-related ‘international’ aspects to consider, explains Graeme Robb, technical manager for the Prudential.