New European IFA association sets out its goals
Helping IFAs cope with the growing regulatory burden in the EU will be a “major goal” for Feifa, the new trade association for financial advisers based in Europe.
Friends agrees to Resolution takeover
Friends Provident is to be taken over by Clive Cowdery’s Resolution Holdings after the board of FTSE 100 insurer backed the Guernsey-domiciled investment vehicle’s latest 1.86bn bid.
Canada Life Int’l adds protected gold fund, extends extra allocation offer
Canada Life International (CLI) has added a new capital protected version of the Julius Baer Physical Gold Fund to its offshore bond proposition.
EU expansion for Equiom with Cyprus operation
Equiom, the Isle of Man headquartered trust company, has opened a Cyprus operation.
BLME launching shariah-compliant money market Sicav for professional investors
Bank of London and the Middle East (BLME) has launched what it says is Europe’s first Shariah-compliant money market fund.