08/30/2019
Data from the Lang Cat showed assets on advised platforms grew by 4.5 per cent in the second quarter of this year to £418.4bn but net flows were down 1.76 per cent in the quarter to £5.2bn.
08/29/2019
The expansion project includes establishment of a modern innovation campus with laboratories for an additional 250 scientists to be completed in 2022.
08/19/2019
The state pension bill has increased from £17bn in 1985/86 to £92bn in 2016/17, representing an increase from 3.9 to 4.6 per cent of GDP.
07/30/2019
The claims are being made against Barclays plc, Citibank, Royal Bank of Scotland plc, JP Morgan and UBS.
07/30/2019
The Financial Conduct Authority has today published a package of pension related proposals designed to improve the quality of pension transfer advice, and to help consumers get better value from their pension.
07/30/2019
The FCA proposes to ban contingent charging, which is the practice where the consumer only pays for advice if they elect to transfer.
07/17/2019
A large number of people even have pensions they have forgotten about, with the Association of British Insurers (ABI) estimating that more than 1.6 million pension pots in the UK worth £19.4 billion are ‘lost.’
07/12/2019
The annual allowance is a limit to the total amount of contributions that can be paid to defined contribution pension schemes and the total amount of benefits that you can build up in defined benefit pension scheme each year, for tax relief purposes.
07/02/2019
Under the new registration process, master trusts have to hold enough capital to cover the cost of a worst-case scenario
06/21/2019
Head of fund investments Greg Jania and head of co-investments Ken Bloomberg will co-head the firm’s private equity program
06/18/2019
The company – which would enter insolvency in 2019 anyway – transferred over to the Pension Protection Fund (PPF), a government-backed pensions lifeboat.
06/11/2019
The CMA has issued its legally-binding Order to help pension trustees make better decisions for £1.6 trillion of retirement assets that they oversee.
06/11/2019
Other DB scheme indices also showed a hike in pension shortfalls.
06/04/2019
Caixa’s equities allocation generated a loss of 8.6 per cent in 2018 compared with a 10.5 per cent gain in 2017, of that, Eurozone equities lost 14.8 per cent while its frontier markets allocation fell 15.1 per cent.
05/30/2019
A spokesman for the company said: "A few people had issues logging into their accounts for a short time. Everything is working normally now."
05/07/2019
The main reason for such a claim would be an expat moving to the same country as where their QROPS is based.
04/26/2019
The platform added 10,000 new customers during the quarter, to bring the total to more than 200,000, with assets under administration on the platform rising by 9 per cent to £40.6bn.
04/12/2019
In the UK, employers and payroll are integral to the ‘nudge’ theory of auto-enrolment
03/28/2019
It will be increasingly important for those interested in de-risking to be ahead of the curve as the dynamics in the market change.
03/26/2019
Low-risk global stock portfolio expected to grow by £200 million for UK pension fund.