United Kingdom
Tax & Regulation | 15 Dec 15
New UK secondary annuities market greeted with caution
The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.
Investment | 14 Dec 15
Investment Association announces three-way split
The Investment Association has announced it is to be split into three core divisions as part of an organisational restructure.
Tax & Regulation | 14 Dec 15
UK Treasury to consult on handing buy-to-let powers to BoE
The Treasury is expected to launch a consultation this week aimed at handing increased oversight of the UK’s buy-to-let mortgage market to the Bank of England (BoE).
Tax & Regulation | 14 Dec 15
FCA assessing barriers to social investment
The UK’s Financial Conduct Authority (FCA) has launched a public consultation on how well the social investment market regulation is functioning.
People Moves | 14 Dec 15
Zurich promotes Shaughnessy to head of Global Life
Gary Shaughnessy, chief executive of Zurich UK Life, has been named chief executive of Zurich’s Global Life business and appointed to the group’s executive committee.