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.
The challenge is not just about getting the right people, but keeping them interested The success of advice firms has presented them with something of a dilemma. Many have grown their client banks significantly, which they now need to service and retain, while at the same time looking after the needs of new customers. And […]
Three quarters of advisers feel the defined benefit transfer market is struggling to match supply with demand and work effectively, research shows. Figures from Aegon found two thirds of surveyed advisers who currently provide DB advice say there are not enough specialists to meet customer demand. These figures follow the FCA’s reveal of a recent […]
The FCA chief executive Andrew Bailey has said the regulator will look at how quickly the Hargreaves Lansdown platform acted to remove the suspended Woodford Equity Income Fund. The flagship fund was suspended on 3 June after the fund came under scrutiny by industry experts due to rapid outflows and underperformance in recent months. During […]