Zurich sells Italian life and pension business
Transaction will release approximately $1.2bn of capital
News
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International firm unveils universal life insurance product
It offers a ‘balance of long-term protection and upside potential to global UHNWs and HNWs’
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UBS appeals France fine
As it looks to ‘determine next steps in the best interest of its stakeholders’
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Private bank to transfer Swiss client book to rival
After the company confirmed it was closing its operation in the European country
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Praemium sells UK and international arm to Morningstar for £35m
Acquirer will ‘bring its global footprint and investment scale to better serve the interests’ of clients
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Digital investment platform launches in Australia
After it rolled out services in the US and Singapore
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HMRC did not use APNs once last year to tackle tax avoidance
UK taxman says it reprioritised resources to deal with impact of covid
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UK state pension age increase ‘needs to be revisited’
As predicted improvements in life expectancy fail to materialise
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US in the news: Merchant IM buys stake in global family office
A round-up of people moves and M&A deals across North America
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UK wealth manager eyes ‘bolt-on’ acquisitions
As well as ‘more substantial opportunities in the longer term’
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Another British Steel advice firm fails
UK lifeboat scheme has already received six claims against it
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PEOPLE MOVES: Oak Group, Canada Life, Hansard
Guernsey-headquartered firm makes c-suite changes, as insurer bolsters sales technical team