Zurich underlines commitment to Middle East after Cigna deal
Zurich’s Middle East business has said it will continue to sell life policies in the region following the sale of its general insurance unit to healthcare provider Cigna.
Retirement | 12 Jul 17
Gay man wins for equal pension rights in landmark UK court case
The UK Supreme Court has ruled that same-sex couples have the same rights to pension death benefits as heterosexual couples in a landmark case involving a final salary scheme.
Jailed 1MDB banker sentenced to four more years for cheating
A Singapore court has found former BSI Singapore banker Yeo Jiawei guilty of further charges of money laundering and cheating in relation to billions of dollars allegedly misappropriated from the 1Malaysia Development Berhad (1MDB) state fund.
Advice firm promoting Ukrainian property fund goes bust
Cumulus Investment Management, a UK investment firm which has previously come under fire for advising clients to invest in a high-risk Ukrainian property scheme, has officially been dissolved.
Tax & Regulation | 10 Jul 17
UK IFA under fire over Sipp transfer into Saint Lucia property
A UK-based advice firm which recommended a Sipp transfer, has been ordered to compensate the client after she went on to invest her entire pension pot in a high-risk property venture in Saint Lucia.