How the Qrops levy will impact UAE pension planning
Old Mutual Wealth’s David Denton talks about how the shock 25% Qrops charge imposed by the UK last month will affect retirement planning in the UAE.
Best Practice
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UK regulator to target pension ‘decumulation’ market
The UK’s financial regulator plans to put a greater focus on the drawdown phase of the pensions market in the current financial year, and has promised to do more to tackle pension scams.
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UK advisers face 5% fee hike
The Financial Conduct Authority has proposed a 4.7% hike in fees for advisers and brokers as part of its 2017/18 business plan.
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Revisiting retirement plans after the Qrops tax bombshell
Chancellor Philip Hammond’s Spring Budget contained a game-changing announcement in relation to UK pension transfers to overseas schemes, says Brendhan Harper, head of technical services at Friends Provident International.
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Advice businesses must adapt to survive and thrive
Changes in regulation coupled with a transformation in client expectations and increased use of technology means financial advisers need to review their business model to ensure they have a business that is future fit, says Old Mutual Wealth’s Mike Leeson.
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Best and worst expat countries for high pay
The best places to earn a decent annual wage without having to work around the clock are in western Europe. Eastern Europe fared badly but Mexico ranked bottom, a recent report by ExpatFinder found.
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UK pension transfer risks rise for investors and advisers
The sharp increase in people transferring out of defined benefit (DB) pension schemes poses risks for investors and the industry, says Tom McPhail, head of policy at Hargreaves Lansdown. His warning comes as the UK’s pension transfer industry remains under close regulatory scrutiny.
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Shortlist revealed for int’l product and service awards 2017
We are delighted to announce the shortlisted companies in International Adviser’s Product and Service Awards 2017.
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Adviser pay hits ‘all-time high’ in the UK
The average salary earned by UK advisers has hit an “all-time high”, according to latest research by recruitment consultancy firm BWD Search and Selection.
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Wealth management apprenticeship scheme launched in Hong Kong
An initiative designed to provide professional training and employment opportunities for young people interested in careers in private wealth management has been launched in Hong Kong.
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CISI honours godfather of financial planning Paul Etheridge
Paul Etheridge, the chairman of UK financial planning firm the Prestwood Group has been awarded a Chartered Institute for Securities & Investment (Cisi) honorary fellowship.
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Jersey opens tax disclosure amnesty
Jersey is running a voluntary disclosure scheme giving islanders the opportunity to tell the taxman if they have made a mistake or failed to declare income without having to pay extra penalties, ahead of tougher sanctions that may be brought in next year.