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CII launches qualification for new pensions staff

The Chartered Insurance Institute has launched a life and pensions qualification for new entrants to the sector that will support the companies signed up to its professional standards charter. The qualification is a level three certificate and will include information on the sector’s role and activities, customer needs and products, and working within a regulatory […]

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Columbia Threadneedle and Henderson latest to freeze property funds

Columbia Threadneedle Investments and Henderson Global Investors has suspended dealing in propert funds worth £5.3bn. The move means more than half the property fund sector is now suspended. Columbia suspended dealing on the £1.4bn Threadneedle UK Property Authorised Investment Fund and its feeder fund from today. Columbia Threadneedle says it has “not been immune” to the […]

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FCA sets out Priips impact on rulebook

The FCA has published a consultation paper detailing how the disclosure rules in the FCA handbook will be amended when the Packaged Retail and Insurance-based Investment Products  regulation takes effect on 31 December. Under the new rules, firms will be required to provide a consumer-friendly key information document for each product, outlining its benefits, risks […]

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Richard Harrington replaces Altmann as pensions minister

Watford MP Richard Harrington has been appointed as a replacement for pensions minister Ros Altmann. His official title is parliamentary under secretary of state at the Department for Work and Pensions. However, a DWP spokesman confirms he will be known as the pensions minister. It is not yet clear whether his brief will differ from […]

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