News
Tax & Regulation | news 4 Mar 16
Pressure mounts on UK’s Osborne to ease up on pension reform
Chancellor of the exchequer George Osborne is under increasing pressure to ‘play it safe’ and not overhaul the UK pensions system when he reveals his budget in 12 days’ time.
Retirement | news 4 Mar 16
Clearer pension fund costs needed, says UK Consumer Panel
Pension fund costs and charges look set to become more transparent following a new reporting standard proposed by the UK’s Financial Services Consumer Panel (FSCP) on Friday.
Zurich buys Australian Life business from Macquarie Group
Zurich Australia, part of Zurich Insurance Group, said it has reached a deal with the Macquarie Group to buy its Australian life insurance business for an undisclosed sum.
People Moves | news 4 Mar 16
Source UK hires ex-OMGI head as CEO
The former chief executive of Old Mutual Global Investors, Julian Ide, has been hired as chief executive of Source UK Services, the latest in a series of management announcements this year.
North America | news 3 Mar 16
FATCA exceptions agreed by Swiss and US authorities
Accounts held by the lawyers or notaries of clients in Switzerland are now exempt from the United States’ Foreign Account Tax Compliance Act (FATCA) following the signing of an agreement by the countries’ authorities in February.