Standard Life annuity sales fall by half
Standard Life’s UK annuity sales dropped 50% following the changes announced in the Spring Budget, but the number of customers in Asia and emerging markets grew 5% in the first quarter of this year.
Author: Mark Battersby
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fecif chairman derudder retires
FECIF, a body which represents more than 200,000 European financial intermediaries, has appointed a new chairman following Vincent Derudder’s retirement, and named Paul Stanfield as its secretary general.
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F1 boss ecclestone avoids tax bill
Formula 1 chief executive Bernie Ecclestone has avoided a tax bill of more than £1bn as a result of the HM Revenue & Customs allowing him to settle for just £10m, it has been alleged in a BBC Panorama documentary programme to be broadcast tonight.
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standard chartered names m and a global head
Standard Chartered has appointed Tom Willett as the global head of mergers and acquisitions with effect from 1 June, taking over from Andrew Suckling who goes on a 12 month sabbatical.
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jupiter battle strength in hong kong
Jupiter Asset Management has started local advertising in Hong Kong for the first time as part of group CEO Maarten Slendebroek’s business plan to build a significant presence in the region.
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high flyers st james global
The skys the limit for the chief executive of St James Global, Paul Nicholson, as his financial planning business bringing advice to South African residents and expats goes from strength to strength.
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blackrock closes mining opportunites fund
BlackRock has closed one of its mining stocks funds, run by Evy Hambro, because it was “uneconomic to manage”.
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all about evy fund manager profile
With confidence returning to commodities markets, BlackRocks Evy Hambros message is clear the sector is worth investing in again
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ex barclays chief bob diamond to buy stake
Former Barclays chief executive Bob Diamond has agreed to buy a stake in Rwanda’s state-owned bank through his Africa-focused venture Atlas Mara Co-Nvest.
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marlborough expands offshore fund range
Marlborough International Management has today launched four Guernsey-domiciled feeder funds to provide expanded offshore access to its UK- and Europe-invested fund range.
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ailo first ever conference only a week away
The first ever industry conference to be held by the Association of International Life Offices (AILO) is only weeks away now, with the final line-up of speakers including EIOPA chairman Gabriel Bernardino and ABI director General Otto Thoresen.
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managing partners offers exit route for investors
Managing Partners, the Cayman Islands-registered-asset manager which suspended redemptions on its Traded Policies Fund last year, has set up a new fund to give investors a way of exiting and a choice of investment options.