United Kingdom
People Moves | 20 Jun 17
Jersey’s finance minister out as chief minister clings on
Jersey’s assistant chief minister Philip Ozouf has been ousted, having only returned to the political fold on 26 May after he resigned in January, with chief minister Ian Gorst maintaining his slim grip on power following calls for a vote of no confidence.
Best Practice | 19 Jun 17
Regulation to make life ‘harder and harder’ for wealth firms
Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.
Retirement | 19 Jun 17
UK pension investments jump by over third in Q1
New pension investments in the UK were up by more than a third in the first three months of 2017, according to new figures by Equifax Touchstone.
Standard Life and Scottish Widows ‘in merger talks’
Edinburgh life and pension rivals Standard Life and Scottish Widows are reportedly in merger talks, with an agreement potentially following swiftly on the heels of Standard Life’s £11bn deal with Aberdeen Asset Management.
Retirement | 19 Jun 17
Pension transfer values outstripping UK house prices
The value of pensions being transferred out of defined benefit (DB) schemes is greater than the average cost of a house in the UK, research from Royal London has found.