News

Guernsey-based QROPS specialist, Overseas Pension, is organising a number of information initiatives to help IFAs understand what the forthcoming changes to QROPS legislation mean for clients. The first will be conference call on 26 January.

High cost of living in the Antipodes hits popularity as expat destination, according to a survey by TSB International.

LV= has launched a pension information microsite for advisers.

Proposed legislation designed to prevent the abuse of qualifying recognised overseas pension schemes (QROPS) could increase providers' costs by 150%, Fairbairns has warned.

The Treasury Select Committee has criticised proposals by the Bank of England to increase accountability, saying they fall "well short" of what is needed.

Sanlam Private Wealth (SPW) has purchased the client banks of two businesses as it ramps up its acquisition plans ahead of implementation of the retail distribution review (RDR).

It's our round-up of the stories your clients may have read in the weekend's national newspapers...

Axa Wealth has announced a restructure of its sales and support team in a move which puts 50 jobs at risk.

(Updated) Shares in accountancy and advisory group RSM Tenon have fallen 28% after the company announced it expects to report a loss for the second half of 2011.

IFA consolidator Perspective Financial Group has raised a finance facility of £3.5m to fund further acquisitions.