Over 90% of pension transfer requests flagged as scams – again
As transfer values fall below £200,000 for the first time since 2016 making the return of annuities more appealing
Author: Cristian Angeloni
-
-
South Africa perplexed by ZAR 90bn of unclaimed assets
Most of which sits in retirement funds in part because of inadequate record keeping by intermediaries
-
IFA consolidator scores trio of M&A deals
Just weeks after entering the Scottish market with a double acquisition
-
Evelyn Partners buys investment management business
Deal brings in £90m in assets under advice
-
UK government names pensions minister
A day after Guy Opperman confirmed he was leaving the post
-
Morgan Stanley fined $35m for client data failures in US
Personal information of 15 million wealth customers was allegedly not disposed of properly
-
PE firm eyes sale of Italian life company
After regulator reportedly asked the insurer to increase its capital reserves by €250m
-
Regulation to force ‘wave of M&A activity’ in Middle East wealth market
While advisers in the region turn to DFMs to streamline investment offering
-
AMP subsidiaries fined A$14.5m over fees for no service
Over 1,400 clients were charged for financial advice they didn’t receive
-
How to serve US clients abroad
Some firms find them ‘too costly and complex’ to have as customers
-
Advice firm with links to Portugal fails
UK lifeboat scheme has received 25 claims against the company
-
Guy Opperman resigns as pensions minister
He has been the longest serving MP in the role since it was created