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Retirement

Pension transfer values outstripping UK house prices

Retirement | 19 Jun 17

Pension transfer values outstripping UK house prices

The value of pensions being transferred out of defined benefit (DB) schemes is greater than the average cost of a house in the UK, research from Royal London has found.

Retirement | 15 Jun 17

Ex-footballer Shearer settles negligent financial advice case

Alan Shearer has agreed a settlement deal after launching a £9m ($11.5m, €10.2m) court bid against his former financial adviser for giving the ex-Newcastle United and England striker negligent financial advice.

Fear driving global rise in DB pension transfers say advisers

Best Practice | 15 Jun 17

Fear driving global rise in DB pension transfers say advisers

Fear that defined benefit (DB) pension schemes may be unable to meet their long-term liabilities is driving demand for pension transfers, research from Old Mutual International (OMI) has found.

Fund industry profits shrink as higher costs and passives bite

Retirement | 12 Jun 17

Fund industry profits shrink as higher costs and passives bite

Worldwide profits for traditional mutual fund groups fell by close to 3% in 2016, despite a solid rise in the value of assets under management, according to a report by McKinsey.

Retirement | 7 Jun 17

Rops list sees Aussie rebound but Channel Islands wane further

After missing its Monday deadline, HM Revenue & Customs released an updated recognised overseas pension scheme (Rops) list on Wednesday that saw Australian scheme numbers rise, while Guernsey and Jersey continued their declines.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.