United Kingdom
HSBC Q4 numbers disappoint on bank levy, oil losses
A disappointing fourth quarter saw HSBC report a 7% drop in adjusted pre-tax profit to $20.4bn for the full year to end 2015
Tax & Regulation | 22 Feb 16
UK 25% pension tax free lump sum in danger, say Royal London
If UK chancellor George Osborne opts to introduce a new Isa-style pension system in next month’s budget it spells the end of the 25% tax free lump sum allowance, says Steve Webb, director of policy for Royal London.
Standard Life posts jump in offshore bond sales
Standard Life increased offshore bond assets on its wrap platform by 23% last year although operating profits from its European business, which includes the Dublin-based international bond business, declined.
Retirement | 18 Feb 16
Key traits the experts look for in a wealth manager
Whatever anyone says, past performance is still used as a guide when allocating clients’ money – but it is thankfully not the only guide.
Zurich to divest 25% stake in Openwork
Zurich Insurance Company will divest its 25% stake in financial services partnership Openwork within the next four years, under an agreement that will see Openwork continue to distribute Zurich product lines in the UK.