RSA to sell Latin American arm for £403m
UK-headquartered RSA Insurance Group is to trade-in its businesses in Latin America for £403m as the firm continues the sell-off of its non-core operations.
UK-headquartered RSA Insurance Group is to trade-in its businesses in Latin America for £403m as the firm continues the sell-off of its non-core operations.
Fund group Aberdeen Asset Management has acquired Parmenion Capital Partners and its sister company, Self Directed Holdings, in a bid to bolster its financial technology offering.
Investors in the EEA Life Settlements Fund will receive a £56.1m payout after the sale of 188 US life insurance policies.
Data out from the Association of British Insurers and the Office for National Statistics in the past few days should have asset managers rubbing their hands with a mixture of excitement and trepidation.
Ingenious Asset Management has formalised its offering for its transatlantic clients with the launch of IAM-US.
The UK Government’s decision to launch a review of the financial advice market could lead to some dramatic changes in the way financial planning is delivered to clients in the future.
Market volatility is prompting investors to favour a familiar name as CF Woodford Equity Income topped The Share Centre sales chart for the third month running.
UK-based non-doms paid £6.6bn in income tax in 2013/14, up 7% from the previous year, according to international law firm Pinsent Masons.
British insurer Prudential said the latest bout of market volatility, which saw record gyrations in world stock and commodity markets, won’t affect the growth rates over the next three months on its popular smoothed investment fund range, known as PruFunds.
Enterprise investment schemes are set to benefit from the UK Government’s pension reforms as savers look for less mainstream ways to grow their assets, according to the chief executive of AppBox Media, Polat Hassan.
Independent financial advisory group, deVere United Kingdom, has reported a 51% rise in revenues for the year to 31 July, compared with the same period of 2014.
Luxembourg-based International Wealth Insurer (IWI) has engaged the former head of development at Axa Wealth International, Mike Foxall, to spearhead its entry to the UK market.