Prudential has launched a non-advised personal pension and drawdown product for the UK market, to tap into the full range of pension freedom rules which became available in the spring of this year.
St James’s Place has faced many challenges in new international territories which have provided the blueprint for further overseas expansion, says its commercial director Iain Rayner.
Having saved for most of their life to amass an income to use in retirement, most people get to a certain age and start to think about drawing on those financial reserves as they wind down from the daily grind.
Finland is on course to introduce new rules for a temporary amnesty allowing voluntary disclosure of undeclared foreign investment income.
What is the one key change financial services companies could make to improve their use of technology?
The importance of having a parent company which believes in the underlying businesses it controls is an obvious statement presumably everyone would sign up to.
The jurisdiction where regulation has seen the biggest impact over the last year is revealed by Julian Kramer, head of external distribution, Northern Europe, at BNP Paribas Investment Partners.
Guernsey States looks set to introduce legislation allowing flexi-drawdown to come into force on 2 October, with implications for the £2bn worth of delisted QROPS on the island.
A big change in investor behaviour among Middle East expats has occurred over the last year, says Andrew Downing, regional sales manager of Invesco Asset Management, in a video interview.
The 10 most popular funds in Europe drew net inflows last month of €31.2bn (£22.6bn) as Amundi is crowned lead group for net sales in August.
Former Keydata Investment Services finance director Craig McNeil has been fined £350,000 and banned from performing any role of “significant influence” relating to life settlement bond sales that took place six years ago.
Boal & Co continues its expansion across offshore jurisdictions as it pushes into Jersey, having received regulatory approval of its acquisition of Zurich’s local trust business.
