Retirement | 31 Jul 18
Pension transfers into Qrops cools to £740m
Measures designed to curb the abuse of transfers to qualifying recognised overseas pension schemes (Qrops) appear to have been effective, the latest UK government figures reveal.
£20bn withdrawn since pension freedoms launched
The popularity of the UK’s pension freedoms is showing no signs of slowing, with almost £20bn ($26.2bn, €22.4bn) having now been flexibly accessed since the reforms launched in April 2015, according to the latest figures from HM Revenue & Customs.
PEOPLE MOVES: Old Mutual Int’l, Guernsey Finance, Tiller
Old Mutual International hires a head of distribution development for Hong Kong, Guernsey finance appoints a deputy chief executive of strategy, while Tiller expands its team with a raft of senior hires.
Emerging Markets | 31 Jul 18
Global fund selector EM demand weakens further
Sentiment towards emerging market equities among fund selectors across Asia has declined significantly, according to Last Word data.
Discretionary permissions on the slide at Nucleus
Adviser interest in obtaining discretionary permissions on the Nucleus platform has slumped, it has revealed.
