United Kingdom
Zurich cuts 240 jobs from UK under restructure plan
Life insurer Zurich is set to cut 240 jobs in the UK as part of its ongoing business restructure.
Aviva streamlines insurance businesses
Insurance giant Aviva has announced a streamlining of its UK operations and is putting one person in charge of its main international businesses.
People Moves | 19 Jan 17
Jersey’s assistant chief minister resigns over fund failings
Philip Ozouf, assistant chief minister of Jersey, has stepped down following the publication of a report highlighting a catalogue of failings in how the island’s Innovation Fund awarded more than £2m ($2.5m, €2.3m) of taxpayers’ money to start-ups.
Tax & Regulation | 18 Jan 17
FCA punishes IFA firm for pension transfer failures
Bank House Investment Management, the personal wealth division of the UK-based Bank House group, has been barred from carrying out business such as advising on investments after an investigation by the regulator into its pension transfer business.
Best Practice | 18 Jan 17
IoM issues pension transfer warning after rise in UK scams
The Isle of Man Financial Services Authority (IoMFSA) has advised residents to tread carefully when making decisions about transferring or investing their pensions, following a rise in scams in the UK.