United Kingdom
Retirement | 22 Jun 15
Industry figures assess ABI plan to cull pension advice safeguards
Senior industry figures have agreed that the regulatory and legal requirements around the new pension freedoms pose a problem for policyholders, but are split on the ABI urging the UK Government to scrap paid advice for those with guaranteed annuity rates.
Retirement | 22 Jun 15
ABI urges UK Gov’t to scrap pension advice safeguards
The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.
United Kingdom | 22 Jun 15
Fraudster jailed over UCIS scheme
Adam Hawkins has been sentenced to six years and nine months for losing investors £4.3m in an unauthorised collective investment scheme he operated through three land bank companies.
Vanguard sees growth in ETFs from advisers in post-RDR world
Growing demand from independent financial advisers in markets where the use of provider commissions has declined is helping drive growth in the exchange traded funds market, according to Nick Blake, head of retail at Vanguard Investments UK.
United Kingdom | 19 Jun 15
Non-doms and nil rate bands: Six ‘Emergency Budget’ predictions
Chris Groves and Sophie Dworetzsky from international law firm Withers outline six of their expectations for July’s Budget.