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Retirement

More firms in the FCA firing line after Holborn sanctions

Retirement | 23 Mar 17

More firms in the FCA firing line after Holborn sanctions

Several more firms are at risk of being sanctioned by the Financial Conduct Authority (FCA) as the regulator steps up action against international IFA firms specialising in overseas pension transfers, says Tim Searle, chairman of Dubai-based advisory firm Globaleye.

Gibraltar names date for Qrops test regulations to go live

Retirement | 23 Mar 17

Gibraltar names date for Qrops test regulations to go live

Gibraltar’s government has revealed that it will put in place personal pension regulations “on or before 31 March”, enabling the jurisdiction’s Qrops to retain their status.

Treasury ruling out pension raid for now claims AJ Bell

Retirement | 22 Mar 17

Treasury ruling out pension raid for now claims AJ Bell

AJ Bell is claiming that the UK Treasury has ruled out changes to pension tax relief within the next few years, despite government sources suggesting that this is on the agenda after the post Spring Budget climbdown on national insurance contribution rises for the self-employed.

Middle East | 21 Mar 17

Holborn Assets ordered to immediately cease pension transfers

The UK Financial Conduct Authority has ordered Holborn Assets Ltd to immediately cease all pension transfer business, particularly that introduced by overseas advisers.

Gibraltar ‘in danger’ of losing Qrops status

Best Practice | 21 Mar 17

Gibraltar ‘in danger’ of losing Qrops status

Gibraltar must put in place a system for regulating personal pensions in just over two weeks to enable the jurisdiction’s Qrops to retain their status and continue to operate in the market.

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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. Site managed by Furness Media