News
Retirement | news 27 Jan 16
Rate of UK flexible pension drawdowns slows
The number of people taking advantage of the new pension freedoms dropped by 13.3% between the third and fourth quarters of 2015, with the total value of funds released down by nearly a third.
Tax & Regulation | news 27 Jan 16
Talk of UK commissions return draws ire
A return to commission payments would be a huge step backwards and contrary to the retail distribution review, said industry leaders after the Financial Conduct Authority’s (FCA) interim chief executive failed to rule out a return to commission payments.
Zurich nabs Generali CEO Mario Greco for top job
Zurich Insurance Group has announced that Mario Greco, the group chief executive of Italian insurer Generali, has agreed to take on the top job at the Swiss-based giant.
Fixed Income | news 27 Jan 16
Liontrust close strat bond fund as credit team exits
Michael Mabbutt and Felix Martin, co-managers of the Liontrust GF Global Strategic Bond Fund have resigned, the firm said on Wednesday.
Aberdeen chairman to depart as outflows continue
Aberdeen Asset Management’s Roger Cornick is to retire as chairman and non-executive director at the end of this financial year, 30 September 2016.