Deutsche Bank sells Abbey Life to Phoenix Group
Deutsche Bank has confirmed that it is to sell its Abbey Life business to closed book life and pension provider Phoenix Life Holdings, for £935m (€1.08bn, $1.21bn).
Best Practice | 27 Sep 16
How to make the most of social media
Francesca Keefe and Liz Stanmore, social media experts at Old Mutual Wealth, give financial advisers a few tips on making the best use of social media.
UK property freeze thaws but open-ended fund days numbered
Following suspensions of trading and value adjustments at most of the leading UK property funds in early July, September has seen the crisis abate to a large extent.
Tax & Regulation | 27 Sep 16
Adviser gets extra prison time for failing to repay investors
A financial adviser who funded a lavish lifestyle from investments in an unauthorised collective investment scheme has had an extra 603 days added to his prison sentence for failing to comply with a court order to repay investors.
Best Practice | 27 Sep 16
Five views on how int’l life offices can grow market share
How will international life companies retain and build on their market share of the financial services industry in the years ahead?