Bupa Global on the benefits of international medical coverage
Jonathan Quach, head of business development at Bupa Global, talks about the benefits of international private medical insurance (IPMI) versus domestic private coverage.
Regions
-
-
No surprises from Draghi: ECB halves asset purchases to €30bn
The European Central Bank (ECB) will cut the size of its monthly asset purchases in half from January next year, the bank’s president Mario Draghi announced on Thursday. Bond and equity markets, as well as the euro, hardly responded to the announcement.
-
Billionaires buying up sports clubs
The ultra-wealthy are investing in sport at a rate higher than ever before, with more than 140 of the top sports clubs globally now being owned by 109 billionaires, according to a joint UBS Group and PwC report.
-
Tax evasion/avoidance make up a fifth of the £34bn UK tax gap
The UK lost out on a fifth of the tax revenue it expected to raise in 2015/16 because of evasion and avoidance, figures released on Thursday by HM Revenue & Customs show.
-
Intrinsic helps double OMW’s client flows
Strong cash flows and a solid performance saw Old Mutual Wealth’s (OMW) funds under management rise 14%, year to date, with the firm’s net cash flow soaring 92% on the back of a strong performance by Intrinsic.
-
Analysis: Advisers can benefit from Brexit
There are some serious positives for savvy advisers with the long shadow of Brexit negotiations driving expats to seek professional advice in droves.
-
Luxembourg commodity finance Sicav suspended
A second Luxembourg-regulated, commodity finance-related fund has halted operations this year after the directors of the Blackstar Commodities Fund suspended redemptions and the conversion of shares in its Sicav.
-
China adds 101 billionaires
There were nearly three times as many new Chinese billionaires than US ones last year, helping to make Asia home to the most billionaires for the first time and driving the global population to 1,542, according to a report from UBS and PwC.
-
Vanguard ventures into Germany, adds Euro Stoxx ETF
Vanguard has expanded into Germany by listing its range of equity and fixed income exchange-traded funds (ETFs) on the German stock exchange and also introduced a Euro Stoxx 50 Ucits ETF.
-
Swiss spat with Saudi and NZ the tip of the CRS iceberg
The lower house of the Swiss parliament has rejected automatic exchange of information (AEOI) agreements with New Zealand and Saudi Arabia but has given the green light to ratify deals with 39 other nations.
-
Trust acquisition adds Asia presence to $95bn offshore specialist
Bermuda-based Bank of N.T. Butterfield & Son will establish an Asia presence following its acquisition of Deutsche Bank’s Global Trust Solutions (GTS) business.
-
Fewer pensioners ‘splurging irresponsibly’
Hedonist pensioners forking out for luxury experiences are becoming rarer, according to Financial Conduct Authority pensions freedoms data.