Retirement | 15 Jan 13
momentum offers lite qrops for smaller pension
Momentum Pensions has introduced a “lite” charging structure on both its Malta and Isle of Man QROPS.
People Moves | 15 Jan 13
malcolm couch to be ioms cfo
Malcolm Couch is to become the Isle of Man government's next chief financial officer, taking over the position from Mark Shimmin who is to retire at the end of April.
United Kingdom | 15 Jan 13
clydesdale bank intl latest to pull out of
Clydesdale Bank International, the Guernsey-based offshore arm of Clydesdale Bank, is closing to new business with immediate effect, following a review of the business.
growth seen for asia sales of term life
Global life insurance premiums are projected to grow by 3% this year, led by a rebound in emerging Asian markets, a Swiss Re study out today is forecasting, but it notes that “regulatory changes and low investment yields” will result in an increasing focus on risk protection products, such as term life insurance, rather than on savings products.
gibraltar looks to insurance and private client
The Government of Gibraltar has appointed two senior executives to its Finance Centre department to help with the development of the insurance and private client sectors in the British Overseas Territory.