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Showing 61 - 70 of 80 results for "UK government"

UK annuities policy dubbed 'political schizophrenia'

JAMES FERNYHOUGH  |  THURSDAY, 17 JUL 2014
The chief executive of a British pension fund industry body has dubbed the UK government's decision to scrap compulsory annuitisation as 'political schizophrenia'. The comments came on the same day the Financial System Inquiry floated the possibility ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 7 APR 2014
... we look at misconceptions over the size of self-managed superannuation Fund (SMSF) viability. We also look at the UK government's decision to introduce 'pension choice' and how this may affect the annuities industry. We also speak to the Shadow Financial ...

ISA attacks financial 'short-termism'

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
... financial advisers were all guilty of short-termism due to various pressures. The submission made reference to a 2012 UK government review known as 'The Kay Review of UK Equity Markets and Long-term Decision Making'. It quoted the following passage on ...

Cut welfare, give savings to defence: UK minister

ALEX DUNNIN  |  TUESDAY, 13 AUG 2013
... Australia may confront in coming decades when the national budget faces mounting aged care and pension costs, a leading UK government minister has proposed cutting welfare and diverting the savings to the police and armed forces. In a widely reported ...

UK to consider Australia model for small pension fund mergers

MARK SMITH  |  TUESDAY, 28 MAY 2013
Support is gathering for the UK government to follow in Australia's footsteps and merge small local authority pension funds after Financial Times research revealed huge disparities in fees paid to fund managers. According to the UK broadsheet, some ...

High frequency trading benefits: UK government

MARK SMITH  |  FRIDAY, 26 OCT 2012
... financial professionals say high frequency trading (HFT) is unfair, according to a new survey, but research from the UK government shows that computer automated investment has market benefits. According to a recent survey of retail investors, brokers ...

IRESS launches UK wealth management division

RACHEL DAVIS  |  TUESDAY, 15 NOV 2011
... consultancy, AT8 Group. The UK financial advice market is facing a new regulatory regime from 2013 as part of the UK government's Retail Distribution Review (RDR). RDR will require many advisory firms to change their businesses to operate under fee-based ...

UK abolishes Default Retirement Age

RACHEL DAVIS  |  TUESDAY, 4 OCT 2011
... request to stay on after this age but employers could legally refuse requests if they wished to. In January 2011, the UK Government confirmed that they would abolish the DRA. From 6 April 2011, employers could no longer issue the minimum six-month notification ...

Tightrope walker

BENJAMIN ONG  |  WEDNESDAY, 23 MAR 2011
... recovery of higher oil prices due to tensions in the Middle East and the contractionary forces brought about by the UK government's fiscal austerity, the risk to Britain's economy is to the downside. Latest UK budget data show that the Chancellor of ...

UK fast tracks pension reforms

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
The UK government has brought forward plans to raise the retirement age and increased the contributions public sector employees must pay to fund their retirements. Chancellor George Osborne announced overnight that the pension age will rise to 66 by ...