Pru plans critical new products in Budget aftermat
Prudential is to invest £50m a year into a host of “critical” new products as it attempts to consolidate a 42% drop in annuity sales resulting from the pension reforms in this year’s Budget.
Author: PA Adviser
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Kames expands European sales team
Kames has appointed a new business development consultant for its European sales team.
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Jersey Finance appoints new chairman
Jersey Finance has appointed a new chairman of its board to succeed Jonathan White.
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Legal and General terminates ABI membership
Legal & General is to leave the Association of British Insurers, claiming the insurance industry is becoming decreasingly suited to uniform representation from a single trade body.
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HK fund managers favour Japan equities
Hong Kong fund managers currently favour Japanese and US equities, while they have become more cautious on European markets, according to a recent survey.
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GAM restructuring bearing fruit
According to GAM CEO, David Solo, the restructuring process is now largely complete and the results are evident.
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Ashcourt Rowan appoints business
Ashcourt Rowan has hired a new business distribution director to strengthen its external intermediary relations, including offshore bond providers.
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Prudential sees half year jump in offshore
Prudential saw a growth of nearly 60% in offshore bond sales over the first half 2014, on top of strong results across the board for its businesses.
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Offshore bond first as Skandia offers
Royal Skandia is to offer offshore bond holders access to structured products through a fund for the first time, following a tie-up with Investec Structured Products.
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Zurich appoints Philip Smith as CEO for Malaysia
Zurich has appointed Philip Smith as chief executive for its insurance business in Malaysia.
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A cautionary tale three global bond funds to
Investment research analyst at Morningstar, Michael Eyre, reveals his top three global bond funds to keep an eye on.
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BlackRock appoints private bank and client
BlackRock has hired a former UBS Securities chief executive as its head of private bank business and strategic client development in Asia, excluding Japan.