United Kingdom
United Kingdom | 15 Apr 15
Nutmeg cuts UK stocks due to election risks
Online investment manager, Nutmeg, has increased its investments in European, Nordic and Japanese stocks in order to protect customer portfolios from risks ahead of the UK General Election.
United Kingdom | 15 Apr 15
FCA fines BNY Mellon £126m for insolvency protection failings
The UK’s Financial Conduct Authority has fined the Bank of New York Mellon’s London and International branches £126m for failing to comply with rules protecting clients against insolvency.
United Kingdom | 15 Apr 15
Expect exodus from large wealth managers to continue – IFP
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
Retirement | 14 Apr 15
Gov’t urged to protect ‘insistent’ consumers against DB pension transfers
The Personal Finance Society has written to the UK Government calling for increased protection for clients who insist on cashing in their pensions against the advice of a financial adviser.
AILO guide to cross-border life assurance policies
The Association of International Life Offices (AILO) has launched a free guide on investing in cross border life assurance policers to help individuals approaching retirement age make decisions about how to use their pension pots.