prudential granted asset management licence
Prudential Asias asset management arm, Eastspring Investments, is to enter the Indonesian market, having been granted a licence by the countrys financial markets regulator, Bapepam LK.
hsbc saudi offers shariah compliant fund
HSBC Saudi Arabia has launched its first sukuk fund, a Shariah-compliant fixed-income product, for the countrys retail market.
40000 uk families may be entitled to 400m
More than 40,000 UK families are believed to be owed an estimated £400m from the Spanish government in overpaid inheritance tax, according to Spanish Legal Reclaims.
Retirement | 4 May 12
nigel green individuals must take responsibility
Individuals should take greater personal responsibility for their own finances, according to Nigel Green, chief executive of international intermediary firm deVere Group.
Tax & Regulation | 3 May 12
fpi and morningstar launch five risk rated
Friends Provident International and Morningstar OBSR have launched five risk-rated model fund portfolios.