Isle of Man regulator eyes shift in funding structure
Quilter International chief expects ‘an increase in fees over the next two years to be proposed’
Peter Kenny
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Insurers unite behind Isle of Man for Life campaign
Manx Insurance Association CEO talks about how the island has weathered the pandemic
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Fund industry fails to step forward to help life cos with CGT
Non-resident investors in UK property rich collective investment schemes face hefty tax liabilities
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OMI chief executive talks capital gains tax changes
And how it is affecting the international life insurance sector
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Life companies seek fund industry help with tax charge
Risk that billions could be withdrawn from UK property funds by Christmas
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Old Mutual International pursues UAE licence
The insurer is already regulated by the Dubai Financial Services Authority (DFSA)
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Work needed to improve cross-border advice industry, OMI says
Industry has a responsibility to call out bad behaviour
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OMI managing director promoted to chief executive
Quilter revamps its executive committee following rebrand and IPO
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International advisers more confident about fee transparency
Almost half of advisers have already transitioned their business model to take less upfront commission
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Hansard’s Bahamas move branded ‘disappointing’
Senior figures in the Isle of Man life insurance sector have criticised Hansard’s decision to set up a company in the Bahamas, which the insurer admits was partly driven by the looming commission disclosure rules.
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Old Mutual Wealth ready to list as profit soars 40%
Old Mutual Wealth is now ready to list as Quilter, with its annual results showing the company’s pre-tax profits rose by 40% in 2017, driven by “unusually high” performance fees.
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Axa pivots away from life insurance with $15.3bn acquisition
The hits keep coming for the life sector as Europe’s second biggest insurer, Axa, announces a shift from Life & Saving business to Property & Casualty.