skandia intl unveils end to end wealth management
Skandia International has unveiled plans for a new wealth management service, which it intends to roll out during the course of this year.
Skandia
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offshore bond sales in uk fall more than 7 percent
Total new business sales of UK distributed offshore bonds last year came in more than 7% below 2010 levels, after what industry experts said was a difficult 12 months for those in the business of marketing these popular and tax-efficient long-term investment products.
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hk commissioners letter reignites issue
A letter sent last week by Hong Kongs Commissioner of Insurance to Hong Kong’s insurance industry practitioners has sparked surprise and frustration among many independent insurance brokers and IFAs, with its implication that commission disclosure is to be fully compulsory within two months.
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fears rise over unemployment
Confidence among financial advisers in the UK is beginning to rise, according to Skandias latest Adviser Confidence Barometer, but so too are fears over increased unemployment and cuts to government spending.
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skandia offers protected ftse fund
Skandia International has launched a structured product, offering exposure to the performance of UK equities.
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investors face increased tax bill
A temporary amendment to the personal income tax law in Spain could leave investors in non tax-compliant offshore bonds facing a higher tax bill in 2012 and 2013, according to Skandia International.
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skandia broker in hk commission case win
Royal Skandia and a local insurance broker have won a High Court case in Hong Kong over commission disclosure that is seen as having potentially significant, and positive, repercussions for the jurisdictions insurance brokerage and advice industries.
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fearful investors ditch equities for bonds
Investors, put off by continued fears over the stability of the eurozone, are spurning European equity funds in favour of fixed interest, according to the latest investment trends report from Skandia.
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court rules against dgt beneficiaries iht claim
The beneficiaries of a Royal Skandia discounted gift trust, which was sold by an IFA to a client one year and three months before her death, have lost a court battle over whether the money is eligible for inheritance tax.
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old mutual selling three nordic ops
Old Mutual, the parent of Skandia International, is to sell its Nordic Skandia businesses to Skandia Liv for £2.1bn, to cut its debt.
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wagstaff joins henderson as global head
Paul Feeney has taken on Phil Wagstaffs role as chief executive of Skandia Investment Group, following the latters departure after just two weeks to Henderson Global Investors.
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advisers fear global slowdowns affect
A third of offshore advisers believe global contagion is the biggest economic threat to their local region and nearly all see the prospects for their locality as being better than the world as a whole, according to the latest research from Skandia International.