Generali cites financial headwinds for Q1 fall in life sales
Italian insurer Generali blamed “poor financial market conditions” for a 6.9% Q1 fall in new life business, year on year, to €1.3bn (£1bn, $1.5bn).
Author: Mark Battersby
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The future of 5% bond withdrawals
New HM Revenue & Customs proposals being consulted on by the industry could fundamentally alter the way UK and offshore bonds work, says Rachael Griffin, financial planning expert at Old Mutual Wealth.
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TMI’s Gelling on building a European distribution model
Carolyn Gelling, head of collective investment funds at Thomas Miller Investment, explains how the company has restructured its funds business in Europe and embraced a straightforward, transparent model
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Holborn Assets managing partner Reg Ormond dies suddenly
Managing partner of Holborn Assets, Reg Ormond, has died at the age of 50 from a sudden heart attack.
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Australia makes large scale pension reforms on par with UK
The Australian government has announced wide-ranging pension reforms that are already being likened in scale to UK chancellor George Osborne’s radical pension freedom changes.
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Axa Isle of Man sold, consolidator sets out new strategy
Axa has agreed to sell its Isle of Man-based operation to specialist M&A firm Life Company Consolidation Group (LCCG), which plans to continue “successful relationships” with Axa’s offshore bond business in Dublin.
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Barclays speeds up sale of French arm as Q1 profits dip
Barclays has entered exclusive talks with specialist European private equity firm AnaCap Financial Partners to sell the bank’s French wealth management and retail banking operations.
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Elian unveils a Jersey Qrops for non-islanders
Global trust and corporate services group Elian has become the second company to launch a Jersey Qrops plan for non-island residents.
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Quilter Cheviot opens marketing office in Dubai
Quilter Cheviot, the London-headquartered discretionary investment manager bought by Old Mutual Wealth in February last year, has opened a representative office in Dubai.
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Shortlist unveiled for IA’s new Product and Service Awards
International Adviser is pleased to announce the shortlist for the forthcoming Product & Service Awards on 12 May at The Waldorf Hilton, London.
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Fund distributor: The state of independence
Neuberger Berman’s Dik van Lomwel shares his views on the company’s local-to-local distribution strategy, life after Lehman Brothers and how the New York-headquartered firm’s clients will define its future.
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Asset Allocator: Portfolios for a low growth world
UK Sipp provider AJ Bell has created three risk-rated portfolios designed to deliver returns in a low return, low interest rate and low inflation world, explains investment director Russ Mould.