Alternatives | 14 Feb 18
European watchdog warns of investment fund ‘fire sales’
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.
Best Practice | 14 Feb 18
Beware deadlines for ombudsman complaints
A former Aviva Life Service UK client has lost his bid to be compensated for poor service, following delays in taking out a tax free lump sum from his pension, because he waited too long to make the complaint.
Best Practice | 14 Feb 18
7IM launches decumulation service for advisers
Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.
Offshore companies own a big chunk of UK real estate
Offshore finance centres are home to thousands of companies that own nearly 100,000 properties in England and Wales, with the British Virgin Islands (BVI) and the crown dependencies leading the pack.
Best Practice | 13 Feb 18
UK pension complaints to move under one roof
The Pensions Advisory Service’s dispute resolution function is moving to the Pension Ombudsman.