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United Kingdom

Henderson held back by property outflows

Companies | 28 Jul 16

Henderson held back by property outflows

Henderson Global Investors said it saw significant Brexit-related outflows from European equities and property funds in its first half.

Money taken out of UK pensions more than doubles, says HMRC

Retirement | 28 Jul 16

Money taken out of UK pensions more than doubles, says HMRC

The amount of money savers are taking out of their pensions has more than doubled in the three months to 30 June compared to the first quarter of the year, latest figures published by the UK’s tax office show.

Manager continuity key to consistent trust outperformance

Investment | 27 Jul 16

Manager continuity key to consistent trust outperformance

Research by the UK’s Association of Investment Companies (AIC) has found a correlation between fund manager longevity and fund performance.

Connaught scandal liquidators secure £18.5m payout from Capita

Investment | 27 Jul 16

Connaught scandal liquidators secure £18.5m payout from Capita

UK outsourcing firm Capita has paid £18.5m (€22.07m, $24.2m) to settle a claim brought against it by the liquidator of the Connaught property fund fraud in which investors lost up to £100m.

LGBT community sees dip in average sums assured

Products | 27 Jul 16

LGBT community sees dip in average sums assured

The average sum assured for lesbian, gay, bisexual and transgender (LGBT) people in the UK fell by more than £8,000, according to gay insurance adviser Compass Mortgage and Insurance Services.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.