United Kingdom
Tax & Regulation | 11 Jun 15
BoE set to tighten rules on asset managers
Declaring ‘the age of irresponsibility’ over, the governor of the Bank of England has announced plans to extend tough new rules on senior management behaviour to asset managers.
United Kingdom | 11 Jun 15
F&C rebrands as BMO Global Asset Management
London-headquartered, F&C Asset Management, is to be rebranded as BMO Global Asset Management following the firm’s acquisition by BMO Financial Group last year.
Retirement | 10 Jun 15
QROPS transfers risk rejection as advisers left in the dark
Pension transfers into QROPS could face mass rejection as non-UK advisers miss new qualification requirements finalised earlier this week, a senior industry figure has warned.
United Kingdom | 10 Jun 15
Canada Life Int’l hires new chief financial officer
Isle of Man-headquartered, Canada Life International, has recruited a former actuary from Zurich International to work as its chief financial officer.
UK investor visa applicants from China soar
The number of Chinese nationals applying for UK investor visas tripled in the same year the Home Office introduced new rules that doubled the minimum threshold to £2m.