AIG agrees to sell Japanese life insurance unit to FWD
American International Group (AIG) has agreed to sell its Japanese life insurance business to one of Asia’s most prominent insurers FWD Group for an undisclosed sum.
Tax & Regulation | 16 Nov 16
FCA slams exit charges on Lifetime Isas
The UK’s Financial Conduct Authority (FCA) has warned about the risks of imposing a 25% exit fee on the upcoming Lifetime Isas.
Regular premium sales up nearly 20% in Asia, reports Prudential
Prudential reported a 19% increase in new business profit for the first nine months of the year, driven mainly by a strong performance at its Asian life business.
Aberdeen picks Abu Dhabi for first Middle East office
Aberdeen has become the first international asset manager to open an office in Abu Dhabi Global Market (ADGM), the new international financial centre in the capital of the UAE, after being granted a license by the Financial Services Regulatory Authority (FRSA).
Five top advisers predict the perfect business in five years
The financial advisory space is undergoing an enormous amount of flux at the moment.