Industry
L&G enters US pension risk transfer market
The US subsidiary of Dutch technology giant Philips has agreed a deal with UK insurer Legal & General and the US-based Prudential insurance company to guarantee annuity payments for 14,000 of its retirees and former employees.
Which region has recently gained the most from fund flows?
One region of the world has particularly benefitted from mutual fund flows over the last year, reveals Micaela Forelli, global banks director for M&G Group.
Technology | 1 Oct 15
Old Mutual Wealth pilots online advice service
Old Mutual Wealth has launched a trial version of a white-labelled online advice service which is designed to simplify the investment process for advisers.
Retirement | 1 Oct 15
Guernsey gives green light for flexi-drawdown changes
Guernsey’s Government has passed legislation allowing flexi-drawdown for its international pension plans, including delisted QROPS funds.
Retirement | 1 Oct 15
FCA overhauls UK pension rules to boost consumer protection
The UK Financial Conduct Authority (FCA) has unveiled a wide-ranging review of its pension regulations to increase consumer protection following the new freedoms introduced by the government in April.