Simon Willoughby on turning Axa Isle of Man into Utmost WS
After the acquisition of Axa Isle of Man paved the way for a headline-grabbing rebrand as Utmost Wealth Solutions, head of proposition Simon Willoughby talks exclusively to International Adviser about how the 25-year-old international life company was forced to go back to the drawing board and focus on what it does best.
Tax & Regulation | 21 Oct 16
BVI rules out public register of beneficial ownership for now
The British Virgin Islands has ruled out adopting a public register of beneficial ownership for the time being, saying it would not support the move unless it was adopted worldwide.
New brand revealed as Axa Isle of Man sale completes
Axa Wealth International on the Isle of Man has been rebranded following its acquisition by Life Company Consolidation Group (LCCG) in April 2016.
Investment | 21 Oct 16
ANALYSIS: Is BAT’s ‘lucky strike’ further evidence for a ‘great rotation’?
Massive, opportunistic M&A activity doesn’t tend to be a characteristic of the bottom of a cycle. Still-standing majors, snapping up capitulating minnows is common, but two behemoths joining forces is usually left for times when shares are expensive and can do a lot of the heavy lifting.
Tax & Regulation | 21 Oct 16
Calls for UK non-dom reforms to be delayed until after Brexit
Upcoming changes to the tax rules governing non-UK domiciles, set to come into effect in April next year, should be postponed until the “full effects of Brexit” are understood, a leading London-headquartered accountancy firm has urged.