United Kingdom
Retirement | 20 Sep 16
Limited guaranteed income options a blow to pension freedoms
Annuity rate cuts and all-time low interest rates are risking the success of pension freedoms by limiting the choice of guaranteed retirement income solutions and pushing savers into unprotected drawdown, according to MetLife.
Tax & Regulation | 19 Sep 16
Guernsey regulator fines Louvre Fund and two directors
Guernsey-based Louvre Fund Services and two of its executive directors have been fined under the island’s protection of investors law.
Standard Life acquisition of Almary Green called off
Standard Life subsidiary 1825 has confirmed that discussions to buy Norwich-based independent advice firm Almary Green have ended by “mutual agreement”.
Retirement | 16 Sep 16
Macro must play greater role in pensions debate – Bailey
The macroeconomic aspect of the pensions debate requires more attention said Andrew Bailey, chief executive of the Financial Conduct Authority.
Tax & Regulation | 15 Sep 16
November cut on the cards after BoE holds rates
Economists expect another rate cut will materialise in November after the Bank of England’s Monetary Policy Committee (MPC) unanimously voted to hold rates at 0.25% on Thursday.