United Kingdom
Axa UK signs deal to protect DB plan from longevity risk
Axa UK’s group pension scheme has closed a deal with the Reinsurance Group of America (RGA) to cover the longevity risk in its defined benefit pension plan.
Retirement | 13 Jul 15
Majority of QROPS transfer requests are a scam, warns Aegon
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.
Retirement | 13 Jul 15
Momentum Pensions secures majority stake in SIPP business
QROPS provider Momentum Pensions Group has raised its stake in UK Self Invested Personal Pension business, Momentum Pensions Ltd (MPL), to 80%.
Generali Int’l adds Guinness products to direct fund range
Generali International has added two Guinness funds to its direct fund range.
United Kingdom | 13 Jul 15
Investors take firm to High Court over film scheme scandal
Hundreds of investors have begun a legal battle against UK media investment firm Ingenious after the film production initiative they invested in was accused of being a tax avoidance scheme, media reports have revealed.