axa unveils new offshore sales
Axa Wealth International has launched a new, dedicated offshore sales and distribution division, as it seeks to extend its share of the offshore market.
Axa Wealth International has launched a new, dedicated offshore sales and distribution division, as it seeks to extend its share of the offshore market.
UK wealth management firm Brewin Dolphin saw outflows of £1.2bn in the nine months to 30 June, half of which it put down to the group’s change to a “transparent fee-based charging basis”.
AES International has restructured as a UK-headquartered public limited company, with a number of integrated financial services companies operating beneath it.
The chief minister of Guernsey has told the islands local newspaper that Guernsey has no plans to change its constitutional relationship with the UK, even though it has “restarted a review” of that relationship.
Less than a fortnight after a senior Jersey politician revived talk of breaking away from the UK if it continued to get a raw deal, a Manx politician has called for a “comprehensive and independent” review into the potential benefits of gaining independence.
Guernsey Finance, the marketing arm of Guernseys financial services industry, has responded to a UK television programme which referred to Guernsey as a tax haven used for tax avoidance purposes by UK companies by suggesting that the programmes creators had failed to fully understand the way the investment model in question actually worked.
Zurich is to restructure its UK life business and will divide the company into three core divisions, retail, corporate, and its pre-retail distribution review business.
Two top officials at HM Revenue & Customs are being linked to companies that have sought to use offshore structures to avoid UK tax, or which advised clients on stamp duty avoidance.
Aviva is to exit from its South Korea business, Italian partnerships and UK large scale bulk purchase annuities as part of its expected overhaul of the entire worldwide business.
Legal & General has launched two new structured products both based around the future performance of the FTSE 100 index.
Aviva could close or sell-off up to 15 businesses as part of a strategic review, according to reports.
Coutts has appointed Armando Rosselli as executive director, head of tax and wealth structuring (TWS) international, joining today from Credit Suisse.