News
Industry giants rally combat savings crisis
A group of 150 financial companies are pushing for a “savings minister”, an overhaul of pension tax relief, and the development of a digital passport to tackle an emerging savings crisis.
Retirement | news 12 Mar 15
Annuity resale plans reportedly in discussion
Millions of UK pensioners may be granted the ability to sell their existing annuities for cash as ministers serious consider introducing the flexibility in next weeks Budget, the Financial Times reports.
Aberdeen AM launches China A share fund
Global investment manager Aberdeen Asset Management has launched a China A-share fund with the aim of achieving long term growth for investors through the Chinese stock market.
Pictet launches Chinese debt fund
Pictet Asset Management has launched the Pictet Chinese Local Currency Debt fund.
United Kingdom | news 11 Mar 15
Pension industry jointly responsibile for clients
There is a new and clear division of responsibility in the UK between consumers, the pensions industry and government policy makers coming into effect after 6 April that is a long way from the current system, the Financial Conduct Authority said.