Industry
Retirement | 4 Jun 15
Gibraltar QROPS operator accountability set to rise
Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers and the risk classification of policyholders in their schemes, under proposals from the jurisdiction’s regulators.
Tax & Regulation | 4 Jun 15
FSCS boss urges advisers to suggest fairer levy system
The boss of the Financial Services Compensation Scheme has urged financial advisers to help the regulators identify ways of making the allocation of levies fairer.
People Moves | 4 Jun 15
Jupiter snags global distribution chief from Columbia Threadneedle
Jupiter Asset Management has snagged Columbia Threadneedle Investment’s Nick Ring as its new global head of distribution.
Elmo launches ‘first ever’ fully flexible QROPS
Malta-based Elmo Pensions, a subsidiary of Elmo Insurance, has launched what it believes to be “one of the first” QROPS to offer full flexibility in line with the UK pension reforms.
BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.