Best Practice | 16 May 17
40% of entrepreneurs prefer lifetime gifting in estate planning
Two fifths of business owners and entrepreneurs are pursuing a “giving while living” approach when it comes to estate planning, according to a new report by RBC Wealth Management, creating the “biggest opportunity” for financial advisers.
Best countries for expats to raise a family
Quality of life is the biggest concern for expats when moving abroad with a family, including access to affordable and quality education and childcare, to available leisure activities, and family wellbeing, on top of the more mundane issues such as moving costs, a survey by InterNations has revealed.
Sales of life policies in Singapore up 20% in Q1
Singapore’s life insurance industry is off to a strong start, driven by growth in single premium and annual premiums policies which saw weighted new business premiums soaring by 20% compared to the same period last year.
Aviva to reduce Spanish presence with €475m life unit sale
Aviva will sell interests in two bancassurance agreements and a life business to Santalucia, raising €475m (£403m, $517m), as the UK insurer looks to wind down its operations in Spain.
Standard Life posts £5m loss in Hong Kong amid global job cuts
Standard Life lost £5m (€5.9m, $6.4m) last year from its wholly-owned business in Hong Kong as it confirmed that more than 800 jobs will be lost after it merges with Aberdeen Asset Management.