friends life sells 30 malaysia insurer stake back
Resolution Ltd’s Friends Life subsidiary has sold its 30% stake in the Malaysian Shariah-compliant insurance business it acquired in 2008 back to its joint venture partner, AmBank Group.
Retirement | 7 Jan 13
momentum launches iom qrop scheme
Momentum Pensions, the pensions provider which has operations in both the Isle of Man and Malta, has launched into the open market an IoM QROPS that it says will compliment and replicate its existing Malta-based qualifying recognised overseas pension scheme.
advisers face significant problems obtaining
Financial advisers are reporting having issues renewing or purchasing professional indemnity insurance, as the number of insurers offering cover dwindles and those that do make it more difficult and expensive to obtain.
Tax & Technical | 4 Jan 13
beware the bite of the year of the snake
This year sees the arrival of RDR-compliance and a tax residency test, plus the continuing tax avoidance furore, all with important consequences for advisers, says Standard Life International's Julie Hutchison.
coutts reveals multi asset range
Wealth manager Coutts has launched a range of seven multi-asset funds, with management split between UK chief investment officer (CIO), Alan Higgins, and team, and Europe CIO, Norman Villamin, and his team.