Retirement
Retirement | 19 Mar 18
DB pension reform plans will not stop next collapse
The UK government plan to give The Pensions Regulator teeth to fine and imprison individuals who endanger defined benefit schemes, has been branded slow and impractical.
Best Practice | 15 Mar 18
DB transfers will ‘come to a head’ when stock market falls
When markets fall, consumers who have transferred out of a defined benefit (DB) scheme and started accessing their pots could potentially face a crisis in their retirement, a director from advice firm Tuto Associates has argued.
Old Mutual Wealth ready to list as profit soars 40%
Old Mutual Wealth is now ready to list as Quilter, with its annual results showing the company’s pre-tax profits rose by 40% in 2017, driven by “unusually high” performance fees.
Chinese life insurance slump hits Hong Kong
Life and annuity revenue premium rose over 10%, year-on-year, during 2017 despite the flow of money from mainland China levelling off, figures from the Hong Kong Insurance Authority reveal.
New Zealand considers wealth tax and foreign ownership limits
New Zealanders could face a wealth tax and a broader capital gains tax if plans being considered by a tax working group are pushed through.