United Kingdom
Scrap emergency tax on drawdown payments, advisers urge
Lifetime and money purchase annual allowances also under fire
Phoenix Group acquires UK life insurer for £248m
Deal adds around £10bn in assets under administration
FCA bolsters supervision of appointed representatives
Many principal firms ‘do not adequately oversee’ their activities
PEOPLE MOVES: IQ-EQ, UBS AM, JTC
Financial services provider hires Europe CEO, as asset manager names head of Hong Kong
M&G acquires IFA firm
Deal adds £1.5bn in assets under influence and over 12,000 clients


