News
Retirement | news 18 Apr 17
Nine countries dropped as Qrops list culled by 30%
Nine countries were dropped and one added when HM Revenue & Customs updated its list of qualifying recognised overseas pension schemes (Qrops) on Tuesday after it was temporarily suspended following drastic changes to overseas pension transfers.
Commodities | news 18 Apr 17
Investors keep pouring money into commodities
European investors have increased their commodity exposure by investing $1.3bn (£1bn, €1.2bn) in broad commodity ETFs in 1Q17, this compares with $1.8bn invested in the whole of 2016, according to figures from ETF provider Source.
Best Practice | news 18 Apr 17
UK regulator to target pension ‘decumulation’ market
The UK’s financial regulator plans to put a greater focus on the drawdown phase of the pensions market in the current financial year, and has promised to do more to tackle pension scams.
China’s top insurance regulator sacked for serious violations
The chairman of the China Insurance Regulatory Commission (CIRC) was removed from his post on Monday night for suspected “serious disciplinary violations”, a term covering abuses from graft to financial misconduct.
Serious flaws in newly-published Priips rules says Efama
The European Union has finally published details of its key information document (Kid), which are part of the controversial Priips guidelines, despite continued criticism from various industry bodies.