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Old Mutual sees 25% growth in DB pension transfers by 2028
Old Mutual Wealth is predicting defined benefit pension transfers will accelerate, with an estimated 25 to 30% of those eligible switching out of their schemes in the next 10 years.
Analysis 18 May 18
The PI thorn in the side of DB pension transfer firms
Professional indemnity (PI) insurers are doing more than the Financial Conduct Authority to make the lives of IFAs providing defined benefit (DB) pension transfer advice difficult.
News 17 May 18
Isle of Man ‘constraints’ key to Hansard Bahamas move
Hansard’s strategic move to set up a licenced company in the Bahamas was partly driven by the Isle of Man’s sweeping Conduct of Business Code rules which go live in January 2019, the London Stock Exchange-listed company chief executive Gordon Marr has revealed.
Embattled Aussie insurer AMP facing five lawsuits
AMP will have the dubious honour of becoming the first Australian firm to simultaneously face five class actions if three more law firms made good on plans to sue the embattled insurance company.
News 15 May 18
Requirement to correct rules not just for the super-rich
Middle income expats are in the firing line as the UK crackdown on offshore tax evasion and non-compliance continues to intensify, according to private client accountants Saffery Champness.
News 15 May 18
PEOPLE MOVES: Schroders, Intrinsic, RBC Wealth Management
Schroders has confirmed the departure of a long-standing director in the Middle East, while OId Mutual Wealth’s adviser network Intrinsic has appointed an operations director and RBC Wealth Management targets adviser relationships with its latest recruit.