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International Adviser

Companies | 25 Apr 16

UK insurer Phoenix poised to buy Axa’s Sun Life

UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.

More countries sign up to beneficial ownership transparency

Tax & Regulation | 25 Apr 16

More countries sign up to beneficial ownership transparency

The Isle of Man and Gibraltar are among a group of 22 jurisdictions that have signed up to an information-sharing initiative to combat tax evasion, while Australia is looking at creating a public register revealing the identities of the beneficial owners of shell companies.

BMO Global AM launches new absolute return fund

Alternatives | 25 Apr 16

BMO Global AM launches new absolute return fund

BMO Global Asset Management has launched the BMO Global Equity Market Neutral Fund.

HMRC to overhaul 5% tax free allowance on life bonds

Offshore Bonds | 25 Apr 16

HMRC to overhaul 5% tax free allowance on life bonds

The UK tax office plans to overhaul rules governing the part surrender and part assignment of life insurance policies to redress the unfair tax bills which some individuals face if they withdraw money from an investment bond in the wrong way.

Is it time for ‘helicopter money’ in the eurozone?

Macro Views | 21 Apr 16

Is it time for ‘helicopter money’ in the eurozone?

With the European Central Bank confirming it is holding interest rates at rock bottom levels, Miton’s Anthony Rayner has posed the question as to whether it is time to turn to a different weapon in the fight to generate some momentum in the eurozone economy.

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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.