Pension cost inquiry to make providers ‘sweat’
British Steel pension scandal looms large, as opaque fees and charges slammed
Swiss banks no longer a safe haven for Indian tax dodgers
Two Indian citizens who argued their Swiss bank account details should not be handed over to Indian authorities in a tax dodging probe have lost their case in Switzerland’s highest court.
Regulator warns 12 DB pension schemes over transfer activity
The UK Pensions Regulator has written to the trustees of 12 different defined benefit (DB) pensions schemes regarding transfer activity.
PEOPLE MOVES: SJP, Tilney, Nucleus
SJP announces the retirement of its investment director after 27 years of service, Tilney hires two financial advisers from Ludlow and Cornerstone, while Nucleus appoints a head of platform marketing.
Harlequin adviser banned and fined $60,000
The chief executive of a UK advice firm that distributed high-risk Harlequin products has been banned from holding any significant positions of influence or senior management.