Simplifying the anti-money laundering process could deliver major benefits to advisers, providers and consumers.
Reliance Mutual is to acquire the £50m life assurance business of Eurolife, for an undisclosed sum.This acquisition represents 11,000 policies with £50m funds under management. The policies comprise whole life, term assurance and pensions, both conventional and unit linked. There are no with-profits policies being transferred.Following the transfer, the policies will be administered from Reliance […]
The Inland Revenue’s technical amendments to A-Day rules means investors avoid being tested against the lifetime limit twice, says Scottish Equitable pension development director Stewart Ritchie.
Standard Life has brought out the second issue of the secured capital plan, a capital-protected Oeic established under the European Ucits III legislation.
Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]
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Transaction reporting Transaction reporting is the reporting of information about trades in reportable financial instruments, such as shares, ETFs, VCTs, investment trusts and structured products. Reporting covers purchases, sales and modifications of reportable instruments. Mifid II proposes important changes to these obligations which will potentially affect all investment firms. Some exemptions will apply. For instance, […]
It may look strange that the second largest asset manager in the world is now pushing its new active funds in the UK market at a time when passive funds are seeing record flows. But having amassed more than $215bn globally in its funds since the start of the year, this is unlikely to be […]
Much more needs to be done to help educate consumers on the vital difference between receiving guidance or advice