Regions
Retirement | 1 Oct 15
FCA overhauls UK pension rules to boost consumer protection
The UK Financial Conduct Authority (FCA) has unveiled a wide-ranging review of its pension regulations to increase consumer protection following the new freedoms introduced by the government in April.
United Kingdom | 1 Oct 15
Hargreaves Lansdown abandons independent model
UK investment manager Hargreaves Lansdown has changed its financial advisory service to a restricted model and removed the minimum investment requirement.
Zurich transfers Singapore adviser network to Nexus
Zurich Life Insurance (Singapore) has agreed to hand over all of its approximately 160 appointed financial advisers in the city state to Nexus Financial Services, part of the Middle East-based Nexus Group, in response to changes in the regulatory landscape.
United Kingdom | 30 Sep 15
Pru tops UK list of complained about life firms
Life assurance firm Prudential is the most complained about company in the life and pensions sector, according to the latest data from the Financial Conduct Authority.
LM action group criticises rising costs of insolvency
Financial advisers linked to the failed LM Investment Management funds, in which many expats in the Middle East and Asia lost money, have criticised the rising bills from insolvency practitioners and the slow pace of Australian regulators in dealing with the case.