Old Mutual’s Intrinsic reported to be in talks to buy Tenet
Old Mutual Wealth-owned adviser network Intrinsic is believed to have begun talks to buy Tenet, according to UK media reports.
BlackRock launches first Israeli Ucits ETF
BlackRock has launched an exchange traded fund for European investors to invest directly in the national Israeli index. It is the first fund to offer direct exposure to the underlying constituents of this index.
Tax & Regulation | 20 Jan 16
New UK exit fee cap to apply equally to work-based plans
The UK pensions minister Ros Altmann says the new powers handed to the Financial Conduct Authority to cap exit fees on savers seeking access to their pension pots will apply equally to occupational and work-based personal schemes.
Zurich’s international life results ‘on target’ in Q4
Zurich’s Global Life business is expected to show results “in line with expectations”, according to a preliminary update on the fourth quarter of 2015.
North America | 20 Jan 16
Canada signs double tax agreement with Taiwan
A double taxation agreement (DTA) has been signed by Canada and Taiwan, limiting the withholding tax rate for dividends, interest, and royalties.