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Companies | 23 Feb 18

Standard Life offshore bond survives sale to closed book firm

The offshore bond sold by Standard Life will still be available via Phoenix Group after the firm’s life insurance business is acquired, a company spokesperson told International Adviser.

PEOPLE MOVES: Mirabaud, Milestone, Franklin Templeton

People Moves | 23 Feb 18

PEOPLE MOVES: Mirabaud, Milestone, Franklin Templeton

Mirabaud boosts its Iberian coverage, Milestone Group pivots towards America with a senior reshuffle and Franklin Templeton appoints a consultants chief.

United Kingdom | 23 Feb 18

Pension freedoms behind wave of ‘silver splitters’

Although divorce can cut a swathe through your retirement plans, pension freedoms are thought to have embolden some to make the leap into a single life, research from Prudential has revealed.

How new Isle of Man pension freedoms differ starkly from the UK

Best Practice | 23 Feb 18

How new Isle of Man pension freedoms differ starkly from the UK

The Isle of Man budget on 20 February introduced the concept of pension freedoms to the island’s pensions legislation, setting out some stark differences to the already established UK rules.

Property fund slams closure of Serious Fraud Office case

Companies | 23 Feb 18

Phoenix £6bn offshore bond grab opens market to last players

The acquisition of Standard Life Aberdeen’s UK and European insurance arm will net closed book insurer Phoenix Group around £6bn ($8.35bn, €6.8bn) in offshore bonds, Phoenix Group’s head of corporate communications, Shellie Wells, confirmed to International Adviser.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.