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Regions

South Korea’s largest life insurers report fall in profits

Asia | 16 Aug 16

South Korea’s largest life insurers report fall in profits

South Korea’s major life insurers reported lower profits for the first half of the year due to the prolonged rock-bottom interest rate environment and economic slowdown.

Wealth management to undergo big changes in the next 5 years

Retirement | 16 Aug 16

Wealth management to undergo big changes in the next 5 years

Wealth management businesses will look markedly different in five years’ time, says WH Ireland’s chief executive Richard Killingbeck.

Nearly 70% of UK IFAs using DFMs, says report

Investment | 15 Aug 16

Nearly 70% of UK IFAs using DFMs, says report

Increasing regulatory costs are driving a greater number of financial advisers in the UK to outsource their investment management, according to latest findings by global analytics firm Cerulli.

Turkey approves new auto-enrolment law for private pensions

Europe | 15 Aug 16

Turkey approves new auto-enrolment law for private pensions

Turkey’s parliament has approved a new law that will require workers under 45 to be automatically enrolled in a private pension plan, in a bid to boost the country’s retirement savings.

Australian retail pension fund to return to HMRC Rops list

Asia | 15 Aug 16

Australian retail pension fund to return to HMRC Rops list

International pension provider IVCM said an Australian superannuation plan it runs in conjunction with Tidswell Financial Services had received confirmation from HM Revenue & Customs that it will appear on the official Recognised Overseas Pension Schemes (Rops) list shortly.

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