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News

Individual Protection

Government cannot recover erroneous benefit overpayments

The government can not recover overpayments of social security benefits through the courts where the claimant is not at fault, the country's top court has ruled.

clock 08 December 2010 •

ETFs

Amundi ETF launch focuses on low TERs

Amundi ETF has unveiled two emerging market funds with lower total expense ratios (TERs) than their equivalents from other providers, the company claims.

clock 08 December 2010 •

ETFs

SEBI to monitor ETF gold stocks

The Securities and Exchange Board of India (SEBI) intends to verify all physical gold stores held by ETFs.

clock 08 December 2010 •

uncategorised

Aegon to restructure and boost Asia and US business

Aegon global chief executive Alex Wynaendts has unveiled plans for the life company to restructure and secure a stronger share of the Asian and US life and protection markets.

clock 08 December 2010 •

uncategorised

Consumers reject fee-based equity release advice

Around a third of people see equity release as an important part of their retirement planning, but are not willing to pay fees for advice on it, according to the Equity Release Solicitors' Alliance (ERSA).

clock 08 December 2010 •

uncategorised

Treasury cannot show value of public sector pension cuts

The Treasury is unable to effectively demonstrate the value for money of changes to public sector pensions, the National Audit Office (NAO) warns.

clock 08 December 2010 •

Your profession

Former Crown Currency directors released on bail

Two former directors of collapsed foreign exchange firm Crown Currency Exchange have been arrested and released on bail.

clock 08 December 2010 •

uncategorised

Govt to 'carve out' pension scheme member protection

Pensions minister Steve Webb will today launch a consultation on whether the government should allow scheme trustees to switch the indexation of pension schemes from RPI to the traditionally lower measure of CPI.

clock 08 December 2010 •

Your profession

Gay says AIFA has right man as strategic review announced

New AIFA boss Stephen Gay has batted away suggestions the trade body picked the wrong man for the job as he unveiled his first major project as director general: a top-to-bottom strategic review of the organisation.

clock 08 December 2010 •

Investment

Sovereign bonds continue strong sell-off

Government bond markets are continuing to sell off strongly this morning as investors absorb the extra $1trn of debt added to the US balance sheet by the extension of its tax cuts.

clock 08 December 2010 •
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