Regions
Retirement | 20 Feb 17
Easier rules for small DB pension transfers considered
The UK government is open to considering a relaxation of the current rules around defined benefit pension transfers where the saver’s entitlement is quite small, a new consultation paper released on Monday showed.
British widow in France refunded over pension advice
A British widow has been refunded for poor advice she received from a UK adviser while living in France.
Northern Trust expands in Europe with UBS buy
US-based Northern Trust Corp is to buy UBS Asset Management’s fund administration servicing units in Luxembourg and Switzerland.
Retirement | 20 Feb 17
UK plans to reform DB schemes trigger alarm bells
The UK government has suggested softening the rules on how defined benefit (DB) pension schemes should adjust payouts for the impact of inflation in a new report on tackling challenges facing the sector.
Health & Protection | 20 Feb 17
Market opportunity for critical health cover in UAE, Zurich finds
Residents of the UAE are willing to spend more on critical illness insurance cover than the global average, but remain significantly under-insured, according to a new report by Zurich International Life, Middle East.