PraxisIFM to acquire Confiance
PraxisIFM, a Guernsey-based independent financial services group, announced that it plans to acquire Guernsey-based financial services company Confiance Limited for an undisclosed sum.
Guernsey
-
-
Skipton International launches new two-year bond
Skipton International, a Guernsey-based offshore bank, on Monday announced that it has launched a new two-year savings bond offering, in what it describes as one of the most competitive rates in the market.
-
PraxisIFM acquires Confiance Pension Services
PraxisIFM, a Guernsey-based independent financial services group, announced on Thursday that it has expanded its pensions division, Trireme Pension Services, with the acquisition of Confiance Pension Services.
-
Generali confirms Guernsey merger completion date
Generali International, the offshore arm of the Generali Group, has confirmed when its amalgamation with Generali Worldwide Insurance Company will be completed.
-
Sanditon to launch offshore fund for Julie Dean
Sanditon Asset Management is to launch an offshore mirror of Julie Dean’s UK Fund, through a Dublin ICAV structure.
-
Global film scheme gang on trial for £100m tax fraud
A financial adviser and a group of film producers who set up an international scheme are facing a trial for fraud.
-
Guernsey gives green light for flexi-drawdown changes
Guernsey’s Government has passed legislation allowing flexi-drawdown for its international pension plans, including delisted QROPS funds.
-
Guernsey Q2 bank deposits up but FUM shrinks
Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.
-
Guernsey flexi-drawdown plans impact delisted QROPS
Guernsey States looks set to introduce legislation allowing flexi-drawdown to come into force on 2 October, with implications for the £2bn worth of delisted QROPS on the island.
-
Guernsey opens market to EU-based AIFs
Guernsey has extended its market access to alternative investment fund managers and AIF funds from EU member states that have fully implemented the Alternative Investment Fund Management Directive (AIFMD).
-
Case against delayed Guernsey QROPS transfer thrown out
A case against pension administrator Capita which claimed there were “unreasonable delays” to an overseas pension transfer has been rejected by the Pensions Ombudsman Service (POS).
-
Guernsey tops 800 licensed insurance companies
Guernsey said it has licensed 45 more international insurance companies in the first six months of 2015, bringing the total number of insurers operating in the channel island to 816.