Companies | 3 Mar 15

Equitable Life has reached an agreement to transfer 31,000 annuities, valued at around £875m ($1.35m, 1.2m) , to Canada Life in a bid to release capital for distribution to its long-suffering with-profits policy holders.

Tax & Regulation | 3 Mar 15

Australia has signed a reciprocal agreement with Switzerland for the automatic exchange of tax information on each other’s citizens, the Swiss finance ministry has said.

Multi Asset | 3 Mar 15

Architas, an investment house within the Axa Group, has launched a global multi-asset fund to meet a growing demand for income among investors in the run up to Aprils pension reforms.

Retirement | 3 Mar 15

Financial vehicles such as QROPS are encouraging a rising number of over 50s to seriously consider moving abroad, research by the largest independent financial advisory organisation in the world has revealed.

Investment | 3 Mar 15

Morningstar Inc, the US-based research provider and financial services group, said it has been granted a licence to provide discretionary investment management and advisory services to South Africa-based financial institutions and advisers.