People Moves | 3 Mar 16
PEOPLE MOVES: Schroders, Zurich Insurance, LGIM…
Schroders courted a little controversy this week with the appointment of its new board chairman. Zurich Insurance named a new chief underwriting officer in Asia Pacific, while Legal & General Investment Management created a new head of product role.
FCA raises concerns over life company fee transparency
The UK’s Financial Conduct Authority has raised concerns over the transparency of exit and penalty charges found in the closed-book life insurance policies of six insurance firms, including Old Mutual and Prudential.
Allianz offers health plan for locals and expats in Lebanon
Allianz Worldwide Care, part of the giant Allianz Group, has launched a health insurance programme for expats and nationals living in Lebanon.
Retirement | 3 Mar 16
Qrops bounce back in Australia after HMRC cull
The number of Australian Qrops recognised by HM Revenue & Customs has leapt to more than 100 schemes in its latest updated list.
Macro Views | 3 Mar 16
Pictet WM: What needs to happen for a lasting market rally
Investor fear is out of whack with actual economic fundamentals and a sustainable rebound won’t happen until one of three broad shifts occurs, argues Christophe Donay, head of asset allocation and macro research at Pictet Wealth Management.