United Kingdom
Alternatives | 2 Jul 18
What if a freedoms pensioner had bought a Lambo?
Grey-haired hell-raisers tearing round Britain in Lamborghinis is the abiding image of UK pensions freedoms reforms but what if a pensioner had invested in an Italian sports car in 2015?
Utmost Wealth’s head of sales departs
Isle of Man-based Utmost Wealth Solutions has confirmed that head of sales, proposition and marketing, Simon Woolnough, has left the business. The insurer has also provided more details around its deal with the Zurich Platform.
Nucleus to float on London’s AIM in July
Platform provider Nucleus will float on the London Stock Exchange’s Alternative Investment Market (Aim) later this month, in a deal that is expected to value the business at £150m ($198m, €169m).
Best Practice | 2 Jul 18
Pensions industry shuns cash-poor millennials
Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.
Sipp complaints help push UK compensation to £405m
Customers of failed financial services firms received £405m (€458m, $530m) in compensation from the Financial Services Compensation Scheme (FSCS) in 2017/18, in part driven by a rise in Sipp complaints.