United Kingdom
Aegon sells two-thirds of UK annuity book
Dutch-headquartered life group Aegon is selling two-thirds of its UK annuity book to insurer Rothesay Life.
Tax & Regulation | 11 Apr 16
IoM shares beneficial ownership data with the UK
The Isle of Man is to set up a central database of beneficial ownership information that it will share with law enforcement agencies in the UK.
Tax & Regulation | 11 Apr 16
Nutmeg embraces US expats after Fatca reporting overhaul
Investment platform Nutmeg has confirmed it will make its services available to US citizens living in the UK, despite the growing number of wealth managers exiting the market due to the increased regulatory requirements relating to the Foreign Account Tax Compliance Act (Fatca).
Flagstone unveils cash ‘auction’ platform for wealthy savers
High net-worth individuals in the UK can now auction their cash deposits by inviting banks to bid for their money in return for better interest rates – with some cases securing rates that are up to 50% more competitive than those advertised, according to investment management firm Flagstone.
Retirement | 8 Apr 16
Asset Allocator: Portfolios for a low growth world
UK Sipp provider AJ Bell has created three risk-rated portfolios designed to deliver returns in a low return, low interest rate and low inflation world, explains investment director Russ Mould.