News
Best Practice | news 15 Aug 17
Demand for CII pension transfer qualification soars
More than 500 people signed up to the Chartered Insurance Institute’s (CII) pension transfers qualification in the first week of its launch on the back of the Financial Conduct Authority (FCA) tightening advice requirements for the transfer of safeguarded benefits.
ETF pioneers launch ‘white label’ platform for asset managers
Asset managers around the world will be able to sell white-labelled ETFs in Europe when the former co-heads of
exchange-traded fund provider WisdomTree Europe unveil what they claim is the continent’s first such platform.
Lloyds Bank may expand into pensions and wealth management
UK high street bank Lloyds, which owns Scottish Widows, may be about to announce a major push into pension and investment products as part of a three-year growth plan.
Allfunds to open Nordics office
Mutual funds platform operator Allfunds Bank has announced plans for expansion across the Nordic region with the opening of a local representative office.
Tax & Regulation | news 14 Aug 17
More UK pension trustees to be hit with higher penalties
The Pensions Regulator is stepping up how it uses its enforcement powers, which includes financial penalties, and expanding who it considers to be a professional trustee.