axa plans offshore bond market shake up with
Axa Wealth International has launched a new offshore bond which it claims represents “one of the most significant new product developments” in the UK offshore market for several years.
Axa Wealth International has launched a new offshore bond which it claims represents “one of the most significant new product developments” in the UK offshore market for several years.
The Axa Group has committed its member insurance companies to “better integrating environmental, social and governance criteria” into their investment decisions.
The implementation of the Retail Distribution Review in the UK has had no impact on whether or not consumers are willing to pay for advice, according to a new report.
For the first time ever, new business sales of UK-distributed, onshore single-premium bonds fell below those of offshore single premium bonds sold into the UK, in the second quarter of this year, reflecting industry experts said the arrival of RDR.
Axa has been heavily fined by the UK’s Financial Conduct Authority for failing to ensure it provided suitable advice to its customers.
Axa Wealth has appointed Kate Randall-Coles as head of fund group relations, replacing Graham Bentley who had been on a fixed term contract at the firm since June.
Net sales of offshore bonds at Skandia International increased by a whopping 316% in the first half of this year.
Axa has entered into a partnership with SingPost to sell life insurance products in Singapore from January 2015.
Despite common misperceptions, the Isle of Man is in fact at the forefront of the UK’s plans to tackle tax evasion, says Axa Wealth Itl’s Simon Willoughby.
Graham Bentley, former head of proposition at Skandia, has joined Axa Wealth as interim head of fund group relations.
In a high-level game of desk-swapping, three executives at the top of Axa Group in Paris have traded roles.
Axa Wealth International’s managing director Mike Foy has defended the company’s decision to restructure its UK-based ‘offshore’ sales team.