Hargreaves Lansdown
Best Practice | 12 Oct 16
Radical new idea for UK pension tax relief under scrutiny
The UK government is considering a number of new pensions options ahead of the Autumn Statement, including one from Hargreaves Lansdown that proposes breaking the link between tax relief and earnings, instead using a system based on the age of the saver.
Hargreaves Lansdown CEO to step down, assets exceed £60bn
Hargreaves Lansdown said its chief executive Ian Gorham is to step down by the end of September 2017, as the FTSE 100 quoted UK platform announced its assets under administration had grown 12% to £61.7bn over the year to 30 June.
Retirement | 6 Sep 16
No secondary annuity market service for Hargreaves Lansdown
Hargreaves Lansdown will not offer a service for investors to sell their annuities when the UK government scheme launches next year, citing too many risks for investors.
Aviva says property trust will stay shut until 2017
Aviva Investors has advised that its property trust will stay closed to trading for another six to eight months.
Aberdeen has deeper problems than property outflows
Aberdeen saw outflows of £1.5bn ($2bn, €1.8bn) from its property funds in the three months to June, but some analysts see this as merely a “sideshow” to deeper problems.