ATSG leaves FEIFA’s partner list
London-based ATSG Wealth Management has left FEIFA’s partnership programme.
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RBC to sell Swiss arm as it increases Asian focus
The Royal Bank of Canada will sell its Switzerland-based private banking business to the SYZ Group so it can focus increasingly on Asia and the British Isles.
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Aberdeen AM hires former MP to new pensions role
Aberdeen Asset Management has hired the former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.
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Deutsche AWM launches China sovereign bond ETF
Deutsche Asset & Wealth Management has launched the first exchange-traded fund (ETF) on the European market to provide investors with exposure to China’s domestic sovereign bond market.
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Axa UK signs deal to protect DB plan from longevity risk
Axa UK’s group pension scheme has closed a deal with the Reinsurance Group of America (RGA) to cover the longevity risk in its defined benefit pension plan.
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Majority of QROPS transfer requests are a scam, warns Aegon
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.
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Momentum Pensions secures majority stake in SIPP business
QROPS provider Momentum Pensions Group has raised its stake in UK Self Invested Personal Pension business, Momentum Pensions Ltd (MPL), to 80%.
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Generali Int’l adds Guinness products to direct fund range
Generali International has added two Guinness funds to its direct fund range.
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Investors take firm to High Court over film scheme scandal
Hundreds of investors have begun a legal battle against UK media investment firm Ingenious after the film production initiative they invested in was accused of being a tax avoidance scheme, media reports have revealed.
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Standard Life names financial planning service 1825
Standard Life has decided to call its new UK-wide financial planning business 1825 to evoke the investment and savings company’s long heritage.
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China’s trading freeze may undermine MSCI inclusion
The recent suspension of trading in 1,300 A-share stocks could delay their much-awaited inclusion in MSCI’s emerging market index, fund houses said.