Industry
Retirement | 18 Aug 15
Government shuts QROPS public sector transfer loophole
A loophole allowing the transfer of public sector pensions into certain Qualifying Recognised Overseas Pension Schemes (QROPS) has been closed by the UK Government.
Tax & Regulation | 18 Aug 15
Royal London chief criticises ‘ISA-style’ pension tax changes
Phil Loney, chief executive of UK life and pensions company Royal London, has sharply criticised the government’s proposed plans to overhaul the way pension contributions are taxed.
People Moves | 18 Aug 15
Khowala takes over Fidelity American Fund as Kaye departs
Aditya Khowala is to take over management of the Fidelity American Fund from September 1, following the departure of Peter Kaye, the firm has announced.
Offshore Bonds | 18 Aug 15
OMGI’s Heslop on launch of ‘style-driven’ offshore fund
Old Mutual Global Investors (OMGI) has launched its offshore Global Equity Income Fund, with manager Ian Heslop describing the market-driven, style-focused fund as “significantly different” from others in the sector.
Retirement | 18 Aug 15
State Street adds DC-focused fund to UK pension range
State Street Global Advisors has unveiled a new fund which caters for individuals who are likely to remain invested in retirement, focusing specifically on those investors in defined contribution schemes.