Brooks Macdonald hires former Axa Wealth
Brooks Macdonald has recruited a former Axa Wealth International offshore specialist to develop its professional adviser and intermediary relationships in the UK’s south west and south of Wales.
Axa
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Axa offshore bond change
Axa Wealth has changed the way advisory fees are charged on its offshore bonds, enabling policy holders’ unrestricted access to their annual tax free entitlement.
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Axa IM registers funds in Singapore for first time
Axa Investment Management has broadened the number of its funds which are available in Asia, registering a range in Singapore for the first time and making a further seven available to investors in Hong Kong.
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Axa puts two roles at risk in specialist sales
Axa Wealths specialist sales team, which looks after the sale of offshore bonds into the UK, is set to be shrunk further, International Adviser can reveal.
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Blockbuster or Netflix
It’s not whether to change but when, says Axa Wealth Intl’s Simon Willoughby, as he takes a look at the more long term impact of the Retail Distribution Review.
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Green Crescent gets go-ahead for Axa alliance
Shareholders at Abu Dhabi based Green Crescent Insurance have approved an alliance with Axa and its Middle Eastern partner Kanoo Group.
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axa wealth intl see rise portfolio bond assets
Axa Wealth International grew offshore assets in the first quarter of this year in spite of “many challenges” continuing in the post RDR environment.
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luxembourg life companies quietly flourish
Since the global financial crisis in 2008, a handful of life companies in Luxembourg have seen their businesses flourish, as high- and ultra-high-net worth individuals in certain European markets have turned to a type of single premium bond marketed by these insurers as a safe and tax-efficient place to park their wealth.
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dubai health authority to begin broker licensing
Insurance brokers in Dubai will shortly be able to apply to participate in the Emirates soon-to-be-commenced mandatory health insurance programme.
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offshore bonds written on platform double
New research has found the proportion of offshore portfolio bonds written on-platform doubled in just one year.
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axa im strengthens asian fixed income team
Axa Investment Managers has strengthened its Asian fixed income team appointing Jim Veneau as head of credit Asia and Christy Lee as a portfolio manager.
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varley to lead axa hk singapore push
Axa Hong Kong (Life) and Axa Singapore (Life) are to target Asia’s growing number of high net worth individuals with a new range of products and services, and have named David Varley to oversee the operation.