The liquidation of the international travel group has led to thousands of layoffs. Do Thomas Cook employees need to fear for their savings? The collapse of an international firm is likely to have ripple effects, affecting both its current and former staff.
But British expats are not sure whether countries in the EU have the authority to do that! A notion further strengthened by the fact that Switzerland, Scandinavia, along with 27 other countries are trying to identify the best way to handle their British expats.
Canada Life admits unawareness regarding any insurance provider offering annuities to non-residents
The recipients of ‘final salary’ pension transfers received £40,000 more than participants opting for the same last year, finds a recent survey. Workers with defined-benefit pensions are ditching regular monthly payments for these lump-sum payouts across the country.
It was nothing short of a dream run for American large-cap stocks, as the S&P 500 witnessed one of its finest quarters at the end of March 2019. This is the first time in U.S. history that a bull market has run for ten straight years. The prolific first-quarter results provided the best start to a year since 1998.
2018 was a monumental year for the European regulatory framework. The region witnessed the introduction of MiFID II, PRIIPs, the enactment of GDPR, and AnaCredit, with each having a massive impact on some of the largest global organisations.