United Kingdom
Green light for LGIM’s Brexit plans
Legal & General Investment Management (LGIM) has been given the green light for its Brexit plans for European Union clients from the Irish regulator.
Clients nearing retirement should ‘avoid insurance bonds’
People who are within five years of taking a pension should not be investing via non-income producing assets such as insurance bonds and wrappers or structured notes, according to OpesFidelio’s Chris Lean.
One in five losing track of pension pots
Nearly one in five UK adults has lost track of at least one pension pot, according to research by wealth management group Tilney.
UK compensation scheme declares 8 firms in default
A raft of UK financial advice firms were declared in default by the Financial Services Compensation Scheme (FSCS) during April, meaning consumers could get back money they have lost.
PEOPLE MOVES: RL360, Indosuez, Janus Henderson
RL360’s parent company makes two major appointments, Indosuez Wealth Management hires a head of markets, investment and structuring in Singapore, while a former employee re-joins Saxo Bank as a chief executive.