Industry
People Moves | 23 Jul 15
Fidelity’s retirement expert Alan Higham resigns
Fidelity’s retirement director Alan Higham has announced he is leaving to pursue new opportunities.
Nikko launches two UCITS funds to bolster EMEA business
Nikko Asset Management has announced the launch of two UCITS funds: a global equity fund and a global multi-asset fund.
Tax & Regulation | 22 Jul 15
UK tax office considers changes to lifetime allowance protection
The UK tax office has decided to offer pension savers the ability to protect their entitlement to £1.25m lifetime allowance when a new lower limit is introduced on 6 April 2016, but is looking at changing the way individuals register for the protection.
Offshore Bonds | 22 Jul 15
HMRC spares ‘non-aggressive’ trusts from IHT avoidance scheme crackdown
HM Revenue & Customs has proposed strengthening the ‘hallmarks’ it uses to identify inheritance tax planning arrangements but has excluded certain types of trusts used alongside life assurance policies.
Investment | 22 Jul 15
Aberdeen launches multi-asset income fund
Aberdeen Asset Management has launched a new multi-asset fund with the aim of achieving a high yield over the medium term in a low-rate environment.