Asia region funds passport finally set to launch
Passport will combine the fund markets of five Asia-Pacific countries to bolster cross-border vehicles
Industry
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DWP claims it will cost £500m to ‘unfreeze’ expat pensions
Uprating of expat pensions bound by legal requirements in the country to which person has retired
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High earners in UK stung by NI contributions rise
Gains made from rise in higher income tax rate threshold halved by NIC increase
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Pension and tax industries respond to the budget
Despite a lengthy spell at the despatch box, UK chancellor delivered few real blows
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Budget: pension dashboards and a cold-calling ban
Dashboards – plural – could be a game changer, as pensions cold-calling in the UK takes a big step towards oblivion
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58 million Indians living without a pension
Only a quarter of the 80 million people who are eligible claim just over £2 a month
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Hong Kong and UK regulations clash
Some retail funds in Hong Kong do not meet UK requirements for local distribution under new agreement
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No further pension raid in otherwise lacklustre budget
Pensions and the annual allowance were given stays of execution but no-deal Brexit could prompt rethink
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FCA complaints hit record high of 4.13 million
Phoenix and Share Centre most complained about for investments and pensions, respectively
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‘Incompetent’ duo banned from acting as pension scheme trustees
More than £6m invested in high-risk ventures bearing ‘all the hallmarks of being scams’
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UK chancellor set to launch collective DC pensions consultation
Announcement expected to start process of implementing legal and regulatory guidelines for schemes
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Frozen Maltese bank accounts leave clients in limbo
Satabank’s customers were left clueless when the Malta financial regulator blocked the bank’s accounts