International flows rise at Friends Life
Friends Lifes international businesses achieved new sales of £132m in the first six months of 2011.
Industry
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Germany weakens resistance to introduction of a eurobond
Germany is said to be waivering in its opposition to a eurobond to spread the region’s debt.
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Singapore regulator reprimands IFA for advice in client bulletin
Singapore’s MAS has "reprimanded" AAM Advisory Pte over information contained in a client bulletin.
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Germany and Switzerland agree tax evasion deal
Germany and Switzerland have agreed on a deal to clamp down on tax evasion.
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HSBC Private Bank hires Simon Gordon
Simon Gordon has joined HSBC Private Bank as a director in its ultra high net worth team.
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New Zealand QROPS threatened by draft legislation
Draft legislation could potentially put an end to the New Zealand QROPS market.
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UHY gains first China-based company
Global accountancy network UHY has gained its first Chinese practitioners, ZhongHua CPAs in Shanghai
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Life offices defend decision to mirror Castlestone funds
Life companies have defended their decision to offer mirror versions of Castlestone funds.
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First State builds EM debt offering around F&C hire
First State assembles EM debt team around F&C’s Williamson.
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Sanlam calls for sea change in South African pension industry
Sanlam Employee Benefits is calling for a sea change in the pensions industry.
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Troubled Brits abroad: in pictures
The Foreign Office has used Google Earth to show the volume of calls received by its staff.
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Aviva Investors sells Australian retail arm
Aviva Investors has sold its Australian equity management business to nabInvest.