UK MPs call for independent pensions commission
A committee of UK MPs has recommended that the next Government establishes an independent pensions commission to advise on future policies.
Pension
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Kreston Pensions appoints London consultant
Isle of Man-based pension provider Kreston Pensions has strengthened its London ties with the appointment of a new consultant.
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Brandeaux sells Liberty Living to Canada
Brandeaux has sold its troubled property portfolio, Liberty Living, to the Canada Pension Plan Investment Board for £1.1bn allowing it to return nearly all of its shareholders money.
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Aegon launches online service
Aegon has launched Your Retirement Planner, an online tool to help advisers guide clients through the options available to them following Aprils UK pension reforms.
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EFAMA outlines rules for EU-wide pension product
EFAMA, the representative body for the European investment management industry, has issued recommendations for the first-of-its-kind European-wide pension product.
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HSBC offers lower cost retirement funds
HSBC Global Asset Management, the fund management arm of HSBC, has announced it will offer three new funds built on its flagship World Selection portfolios with charges suitable for the UK defined contribution (DC) marketplace, given the new 75bps charge cap.
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Architas launches global multi-asset fund
Architas, an investment house within the Axa Group, has launched a global multi-asset fund to meet a growing demand for income among investors in the run up to Aprils pension reforms.
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UK retirees looking to relocate abroad rise by 10
Financial vehicles such as QROPS are encouraging a rising number of over 50s to seriously consider moving abroad, research by the largest independent financial advisory organisation in the world has revealed.
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Momentum waives QROPS transfer fee
Pensions provider Momentum has waived set-up and first year fees for clients looking to move their existing QROPS products following a surge of requests in the run up to Aprils UK pension reforms.
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Nutmeg may consider expats for new pension
Investment manager Nutmeg has launched an online pension, and may look at opening it up to investors living in key expat jurisdictions.
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ABI warns UK is not ready for pension reforms
The UK government’s failure to clarify fundamental details around pension reforms has left the industry unprepared for the changes, according to the Association of British Insurers.
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Axa Wealth strategy for UK pension reforms
Axa Wealth plans to combine its pensions and investment expertise to offer a new financial planning model called Retirement LifePlanning, in response to the UKs planned pension reforms which come into effect on 6 April this year.