United Kingdom
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.
United Kingdom | 29 Jul 15
DeVere suspends affiliated QROPS information website
Independent financial advisory firm deVere Group said it has temporarily suspended an affiliated web site that offered information and advice on UK pension transfers into Qualifying Recognised Overseas Pension Schemes (QROPS)
Rowan Dartington sale to SJP to boost Ardan appeal
Rowan Dartington’s acquisition by UK wealth manager St James’s Place for £34m in cash will boost the appeal of its platform, Ardan International, to financial advisers and help expand its business in Asia, the company’s chairman said.
Retirement | 29 Jul 15
Gov’t considers scrapping ‘regressive’ HNWI pension relief
UK pensions minister Ros Altmann has confirmed that the Government is considering the abolishment of the remaining “regressive” pension tax relief for high earners after slashing the benefits in last month’s Budget.
United Kingdom | 29 Jul 15
RSA share price rises as Zurich Insurance eyes takeover
The Zurich Insurance Group is considering a bid for UK-listed RSA Insurance.