M&A firm Phoenix to shut down Cayman holding company
Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.
United Kingdom | 25 Aug 16
European Wealth revises charges to lift financial planning arm
European Wealth has announced it will alter its fee structure after its financial planning arm saw disappointing turnover and the overall group reported losses in the first half of the year.
Fixed Income | 25 Aug 16
Asset managers prepare for government bond bloodbath
With government bond yields in developed markets at record lows, asset managers are more pessimistic than ever about return prospects for the asset class.
Retirement | 25 Aug 16
Rops harder to sell post-pension freedom, say providers
Sales of recognised overseas pension schemes (Rops) are taking a hit following the UK’s pension freedoms introduced last year, made worse by an FCA rule requiring British expats to seek regulated advice for defined-benefit pension transfers.
People Moves | 25 Aug 16
PEOPLE MOVES: Old Mutual, Eastspring, BNP Paribas
Changes abound in Singapore with Old Mutual Global Investors creating a new managing director role, Eastspring Investments naming a new chief executive, and HSBC Bank appointing a head of retail banking and wealth management.