News
Retirement | news 15 Aug 16
Some UK savers withdrawing ‘too much’ from pensions, says ABI
Some British savers are withdrawing too much cash from their pension pots and are at risk of running out of money within a decade or less, the Association of British Insurers (ABI) has warned.
Fixed Income | news 15 Aug 16
Is the BoE corporate bond buying programme a post-Brexit saviour?
The unveiling of the Bank of England’s latest stimulus measures has already prompted a burst of activity on the sterling bond front, but is it enough to drive the United Kingdom economy forward and does it present investment opportunities?
Jersey signs cooperation agreement with Liechtenstein
The Jersey Financial Services Commission (JFSC) has signed a memorandum of understanding with Liechtenstein’s Financial Market Authority (FMA) to cooperate on supervisory matters, information exchange and the oversight of regulated firms.
Retirement | news 12 Aug 16
Five UK pension liberation firms shut down in £128m scam
The UK’s Insolvency Service has shut down five so-called pension liberation companies over the past year, after they scammed pensioners out of £128m ($166m, €148m).
Demand for income security sees MetLife’s AUM hit £5bn
Strong demand from advisers for innovation in retirement and investment solutions has seen MetLife’s assets under management pass £5bn ($6.5bn, €5.8bn), the company said on Friday.