Retirement | 27 Sep 16
L&G reports record growth in UK and US pensions business
UK insurer Legal & General (L&G) said its retirement unit is on track to double its new business sales in 2016, reporting sales of £5.4bn (€6.2bn, $6.9bn) on Tuesday.
Blacktower founder Westwood named chairman of trade body Feifa
John Westwood, managing director and founder of European IFA firm The Blacktower Group, has taken over as chairman at the Federation of European Independent Financial Advisers (Feifa).
People Moves | 27 Sep 16
PEOPLE MOVES: L&G, MUFG, SuMi Trust, SYZ AM
L&G has appointed ex-chief executive of Scottish Widows to its board of directors, while MUFG names its new business development director for EMEA. SuMi Trust has hired Yukihiro Murota as the head of its international unit as SYZ Asset Management finds a new head of sales for Italy.
Investment | 26 Sep 16
ANALYSIS: Deutsche Bank brinksmanship leaves market teeth on edge
Shares in Deutsche Bank slumped over 6% on Monday morning as investor worries about its capital position intensified and the focus shifted from the boardroom to politics.
Tax & Regulation | 26 Sep 16
HMRC wins latest battle against adviser’s £916m tax-dodging scams
The UK tax office has won its tenth legal case against a serial tax avoidance promoter, NT Advisors, after it was found guilty of circulating payments for no other reason other than to generate tax deductions.