United Kingdom
Retirement | 16 Feb 15
Axa Wealth to launch reform ready pension plan
Axa Wealth is to capitalise on the upcoming UK pension reforms by launching a plan which combines the benefits of an annuity and an income drawdown product.
Brooks Macdonald expands range
Specialist investment manager Brooks Macdonald Asset Management (BMAM) has doubled its range of investment portfolios within its Managed Portfolio Service (MPS).
Tax & Regulation | 13 Feb 15
UK to toughen tax evasion laws
The HSBC tax evasion scandal has put pressure on the UK government to introduce new legislation making it easier to prosecute people for hiding money in offshore bank accounts.
IA toughens stance on disclosure
The UK’s Investment Association has proposed tougher standards of disclosure and transparency across investment and pension products.
Aegon targets low volatility investors
Demand for low-volatility investment products is set to grow, Aegon said on Wedesday, as pension changes see an increase in retirees choosing drawdown and investors burned in the financial crisis remain cautious.