Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
The FCA has proposed banning financial services firms from using premium rate telephone numbers for customers. The regulator says it is not fair that consumers often have to use expensive phone lines when calling firms to ask for help or complain. It says some firms provide only premium rate numbers for existing customers who want […]
During Act Two of the life company tragedy, established lifecos suffered a double whammy. While inflation was eating their working class industrial branch lunch, upstart unit-linked life companies were eating their middle-class dinner. These direct sell ulicos – Hambro Life, Abbey Life and a wave of others – had plans and business models designed not […]
The FCA is shortly to publish its findings from a year-long study of the annuity market. This follows a previous year-long study to identify the problems consumers face when securing their retirement income from their pension savings. Many consumer champions have long called for the regulator to intervene in the market to force providers to […]
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
Platforms should brace themselves for a difficult second half of the year as sluggish Isa sales led to a soft second quarter, consultancy Fundscape says. Fundscape’s latest platform market figures show total platform assets – including the advised and direct-to-consumer sectors – grew by £32bn to £604bn in the second quarter of the year. However, […]
Advisers giving defined benefit pension transfer advice can expect to pay nearly double for their professional indemnity insurance premiums at the next renewal than those who do not advise in that area. QPI, which is part of insurance broker PIB Group, says advisers with DB exposure can expect to pay between 2 per cent and 3 […]
Back in April, I wrote a piece explaining why investors shouldn’t give up on bonds just yet. Given the heightened volatility in equity markets this year, I thought it might be a good idea to take a closer look at this asset class, too. The VIX index, which predicts market volatility and is known as […]