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Showing 21 - 30 of 63 results for "UK Government"

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... concerns the market for financial advice in the UK was not working well for all consumers. It sought to explore how the UK government, industry and regulators could stimulate the market for universal affordable and accessible financial advice and guidance. ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
... will allow them to meet their pension provisions without having to hang on to enormous pension liabilities, the UK government said. The new scheme was proposed last year after the UK's Communication Workers Union (CWU) reached a deal with Royal Mail ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
The UK Government wants to up the ante on pension fund bosses who endanger worker's retirement savings. Under a new proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers ...

Macquarie names digital infra head

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... companies in telecommunications and digital infrastructure. Based in London, Bradley recently held senior roles in the UK Government, with a stint as a commercial specialist in the UK's finance ministry, HM Treasury. Prior to rejoining Macquarie, Bradley ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... monetary policy unchanged at its September and October meetings - Bank Rate at 0.75% and maintained "the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion". This, despite the UK central bank maintaining ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... members aged between 55 and 75 are able to transfer a UK pension scheme. Before the April 2015 changes, Singh said the UK government could see people taking money out of the UK and moving it to other countries to gain tax concessions. It then prevented ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... issuance of central bank reserves, at £10 billion. The Committee also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion." While there was no forward guidance ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... are the same as last year. The only new request is a 'pension advice allowance' akin to the one legislated by the UK government in April 2017. The FPA wants the Government to give Australians a $1000 tax-free allowance from their defined contribution ...

UBS wins pensions mandate

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2017
... with the possibility of a five-year extension and is expected to commence as of March 2018 - a month ahead of the UK government's target date for pension schemes to begin pooling assets. In addition, the move is expected to save ACCESS about $8 million ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... exercise its power to prohibit an individual who is not fit and proper in carrying out their duties. In March 2016, the UK Government introduced the Senior Managers Regime (SMR) and Certification Regime in the banking and insurance sector, which puts ...