Standard Chartered’s Asean and south Asia chief executive has stepped down with immediate effect. Friends Provident International has appointed a regional sales director for Singapore, while Aviva has hired a tech industry heavy hitter for a new communications role.
The Financial Stability Board has named Aegon, Aviva, and Axa among nine global insurance firms identified as systemically important financial institutions (SIFI).
Net fund flows via UK platforms fell to £8.6bn ($10.7bn, €10bn) in the third quarter of this year, the lowest level since RDR was introduced in Q1 2013, according to the latest Fundscape Platform Report.
People often lump insurance into three categories: car, home, and life. While few would think of the world of insurance as an exciting place, Aegon has put together a list of 10 weird and wonderful insurance policies to brighten, what has been for some, a dreary week.
Prudential has nabbed its new chief executive of insurance from Aegon, leaving the Dutch insurer to appoint a new chief financial officer. Deutsche Bank has appointed a global head for its alternative funds business.
Nearly £7.6bn ($9.2bn, €8.5bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by HM Revenue & Customs (HMRC).
Aegon has agreed to sell its Ukrainian life business to local insurance firm TAS Group, a move that will see the Dutch insurer exit the market after less than four years.
Axa Asia has named a chief executive of Life & Savings and Distribution, while Legal & General have added to its investment and pension risk transfer businesses with two appointments. Aegon Asset Management has bolstered its American real estate advice business with three people moves.
Aviva Investors has added four senior people to its client solutions team, while Manulife has named its new chief operating officer. Aegon’s chief financial officer is to depart, with Axa Investment Managers boosting its management team.
Aegon has added a range of portfolios from discretionary fund management (DFM) firm PortfolioMetrix to its platform following demand from advisers.
Changes abound in Singapore with Old Mutual Global Investors creating a new managing director role, Eastspring Investments naming a new chief executive, and HSBC Bank appointing a head of retail banking and wealth management.
Legal & General Group has sold its investment platform Cofunds to Dutch insurer Aegon.
