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News

Intrinsic drops four providers in protection panel review

United Kingdom | news 16 Jun 15

Intrinsic drops four providers in protection panel review

Four providers have been removed from the list of companies offering protection products to Intrinsic’s restricted advisers.

FCA fines rise sharply in 2014 to over £1.47bn

Tax & Regulation | news 16 Jun 15

FCA fines rise sharply in 2014 to over £1.47bn

Britain’s Financial Conduct Authority (FCA) penalised firms a total of £1.47bn ($2.3bn) in 2014, though the number of fines fell pushing the severity of the penalties up sharply, according to the 2015 Global Enforcement Review published by Kinetic Partners.

FPI appoints two new bosses after Van Der Wielen departure

Asia | news 15 Jun 15

FPI appoints two new bosses after Van Der Wielen departure

Life insurance giant, Friends Provident International, has named its new chief executive and chairman who will succeed John Van Der Wielen when he leaves the firm at the end of this month.

Ex-lovers and colleagues fuel rise in tax whistleblowing

Tax & Regulation | news 15 Jun 15

Ex-lovers and colleagues fuel rise in tax whistleblowing

Experts have said that a 50% leap in payments by HM Revenue & Customers to tax informants could be driven by ousted spouses and angry ex-colleagues

UK gov’t minister warns pension providers to increase reform efforts

Tax & Regulation | news 15 Jun 15

UK gov’t minister warns pension providers to increase reform efforts

Britain’s Work and Pensions Minister Iain Duncan Smith has warned the pension industry to stop dragging its feet over implementing the government’s reforms, which came into effect on 6 April.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.