United Kingdom
Liberty Sipp reports astonishing 84% rise in assets
For the second consecutive year, Liberty Sipp has increased assets under management by more than a billion pounds.
China quadruples mainland-Hong Kong trading scheme quotas
China’s securities regulator has announced a four-fold increase in the daily trading quotas for Stock Connect, the programme that links the Shanghai and Shenzen stock exchanges with their Hong Kong counterpart.
Fidelity to compensate client for Sipp misinformation
The UK Pensions Ombudsman has upheld a complaint against Fidelity International for “significant distress and inconvenience” suffered by a client who was misinformed about holding investment trusts in her Sipp.
Women in drawdown £47,000 worse off than men
Women in drawdown face a 37% shortfall in their annual retirement income compared to men, leaving them more than £47,000 ($66,542, €53,935) worse off, according to a report from Zurich UK.
Serious Fraud Office fights crime with ‘robo-lawyer’
Serious Fraud Office (SFO) cases will benefit from artificial intelligence technology that will allow it to investigate more quickly, reduce costs and achieve a lower error rate, the watchdog said.