United Kingdom
Retirement | 5 Aug 15
Momentum launches two pensions following UK buyout
QROPS provider Momentum Pensions Group has introduced two new pension schemes after securing a majority stake in its UK self invested personal pension (SIPP) business last month.
Standard Life inflows surge from outside UK in first half
British insurance giant Standard Life said its asset management arm saw 70% of its net inflows come from outside the UK during the six months to June.
Tax & Regulation | 3 Aug 15
UK Gov’t launches review of financial advice industry
The British Government has announced a major review of the regulatory and legal framework governing the whole financial advice industry.
Retirement | 30 Jul 15
UK Gov’t outlines defence against ‘excessive’ pension exit fees
The UK Government has proposed three solutions to combat “excessive” early exit charges on pension schemes following fears they are restricting access to the new retirement flexibilities.
Retirement | 30 Jul 15
Life companies recommend trusts after UK disinheritance case
The case of a woman who secured £164,000 from her mother’s will despite being excluded from it has led the life industry to recommend trusts as a more secure way to distribute wealth upon death.