United Kingdom
Retirement | 26 May 16
UK allowance changes drive retirement plan demand: Boal & Co
John Batty, technical sales manager at Boal & Co, looks at the current offshore retirement funding solutions and how they work for UK residents in light of recent regulatory changes.
Retirement | 26 May 16
FCA to cap pension exit fees at 1%
The UK’s Financial Conduct Authority looks set to cap exit charges for existing contract-based personal pensions, including workplace personal pensions, at 1% of the value of a member’s pot.
Tax & Regulation | 25 May 16
FCA warns investment scam fraudsters targeting over-55s
The Financial Conduct Authority (FCA) has warned that Britons over-55 are being targeted by scammers, with nearly a half investing in unregulated products such as wine, diamonds and land, without getting professional advice.
Vanguard launches active fund range
Vanguard has launched four UK-domiciled actively managed funds.
Investment | 25 May 16
Three sentenced to 20 years over £80m UK Ponzi scheme
Three men convicted of defrauding investors out of almost £80m ($116.4m, €104m) in a London-based Ponzi scheme to fund their lavish lifestyles have been sentenced to nearly 20 years in prison.