Isle of Man politicians have strongly defended the island’s economy following the Paradise Papers revelations, with one minister describing them as “a deliberately orchestrated attack from the international media”.
An app launched by insurance company Zurich can calculate how much life insurance would cost for a customer based on a selfie.
Global life premiums growth in 2018 and 2019 will continue to be carried by the strong performance of emerging markets, in particular China, as advanced markets continue to experience sluggish growth, according to a report by Credit Suisse.
It is “business as usual” for UK pensions as no major changes were included in the Autumn Budget by chancellor Philip Hammond, although some small tweaks were made to the lifetime allowance, asset management and the personal income allowance.
In a move to expand its visibility in east Africa, Sanlam Emerging Markets (SEM) has acquired Uganda’s Lion Assurance Company for a purchase price of $6.5m.
The government has revealed measures to ban pension cold calling as figures reveal that almost 11 million people, or one in six Brits, are cold-called about their pension each year.
With chancellor Philip Hammond poised to release the government’s Autumn Budget on Wednesday, International Adviser has spoken to experts from Old Mutual Wealth, RSM, Mazars, Irwin Mitchell Private Wealth and Aegon to get their budget predictions.
Almost two thirds of financial advisers listed on online directory Unbiased are misleading the public with false credentials, a figure that has not improved since the last time the review was carried out 18 months ago, according to new research by a consumer watchdog.
Hong Kong will introduce a code of conduct that will restrict asset management intermediaries from being able to use the term “independent” if they receive benefits from other parties.
A killer who abducted, tortured and murdered a financial adviser has been ordered to pay the Crown £1 ($1.32, €1.12).
The London Insurance Fraud Enforcement Department has appointed a head of department, while a Newton Investment alum joins Old Mutual Global Investors as head of responsible investment, and a restructure at Jersey firm has reportedly lead to several job losses.
Consumers entering income drawdown are three times more likely to seek professional financial advice than they are to use the government’s free Pension Wise service, according to new research by AJ Bell.
