News
Best Practice | news 29 Jan 18
Aegon publicly slammed by PensionBee chief exec
Aegon’s “arduous” pension transfer process is creating barriers to stop customers transferring out and risks them becoming immune to red flags and falling victim to scams, the chief executive of PensionBee wrote in an open letter to her Aegon counterpart.
Tax & Technical | news 29 Jan 18
Savers snared in £300m business tax
A UK budget measure aimed at corporates will eat into people’s savings, a government letter has revealed.
Best Practice | news 29 Jan 18
Petition to scrap 25% Qrops charge launched
A petition has been set up to get the UK Government to scrap the “unfair” and “discriminatory” 25% charge on qualifying recognised overseas pension scheme (Qrops) transfers.
Jersey firm expands private client strength and adds specialism
Offshore services provider Ocorian is to purchase Jersey-based Capco Trust, an independent private client and corporate services business.
PEOPLE MOVES: HSBC Private Bank, Deutsche Bank, Savills IM
HSBC Private Bank has appointed a head of Luxembourg, Deutsche Bank Wealth Management has appointed a team to lead its non-resident Indian offering in Singapore and Savills IM pivoted toward Asia with series of senior moves.