News
Singapore clamps down on adviser recruitment incentives
In an attempt to curb mis-selling and adviser mass-migration, guidelines on the use of sign-on incentives in the recruitment of financial advisers have been rolled out by the Life Insurance Association of Singapore (LIA).
Prudential offloads £12bn annuity book as it carves out M&G
Prudential is selling £12bn ($16.7bn, €13.5bn) of its UK annuity portfolio in a landmark deal to Rothesay Life, as part of a major revamp that will see its UK and Europe business, M&G Prudential, become a separately-listed company.
Singapore police and regulator team up to investigate IFAs
The Monetary Authority of Singapore (Mas) and the white-collar crime unit of the city-state’s police force are teaming up to investigate all capital markets and financial advisory offences.
Investment | news 13 Mar 18
VCT funding hits decade high
Venture Capital Trust (VCT) funding has reached its highest level in more than a decade with three weeks still to go before the end of the tax year, according to figures from Wealth Club.
Best Practice | news 13 Mar 18
Could Dodd’s marriage trigger an IHT review?
The marriage of late comedian Ken Dodd to his long-term partner, and the fact that HM Revenue & Customs lost out on nearly £3m ($4.2m, €3.4m) as a result, has prompted questions about the timing of financial planning, especially so-called “deathbed planning”.