Women in UK get 40% less pension than men
Study finds the pension shortfall is almost double the gender pay gap
Author: Cristian Angeloni
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India’s PNB Metlife gets IPO green light
Once listed, the company will be the fourth life insurer in India to go public
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Tribunal backs FCA decision to fine Keydata pair millions
Keydata’s chief executive and sales director found to have ‘acted without integrity’
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UK launches agency to fight economic crime
Launch of National Economic Crime Centre aims to prevent criminals benefiting from illicit finances
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Malta faces high money laundering risk
Study reveals weaknesses in controlling cash movements at ports of entry
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UK hikes ‘death taxes’ with new probate system
Probate fees capped at 0.5% and threshold raised to £50,000, however, industry remains sceptical
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Quarter of over-55s unaware of pension tax, L&G study finds
Of more than 2,000 over-55-year-olds surveyed in the UK, 21% would be ‘shocked’ to pay tax on their pension
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Crown dependencies to comply with EU tax regulation
Guernsey and Isle of Man join Jersey to avoid EU tax haven blacklist
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Pension freedom users need to plan ahead, experts say
Advisers are ‘not educated enough’ to help over-55 investors
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Two UK asset recovery firms shut for failure to recover assets
The director of the companies failed to disclose records to investigators
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Hong Kong to set new broker caps on the number of insurers
Aim is to limit the number of insurers that can be represented by a licenced agent or agency
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US to make annuity and life insurance contracts clearer
The move would ensure greater disclosure of information