Standard Life seals global agreement with Manulife
Standard Life is to let Manulife Financial distribute its investment products across retail markets in Asia, the US and Canada as part of a deal that also involves the sale of the Edinburgh-headquartered company’s Canadian arm for £2.2bn ($3.6bn, 2.75bn).
People Moves | 1 Sep 14
former bnp paribas man switches to coutts
Miles Le Cornu is to join Coutts on 8 September as head of private client trust services at Coutts Trustees in Jersey.
otap launches alternative to qrops
Guernsey-based Overseas Trust & Pension has launched an international pension product specifically developed for the Spanish market.
barclays to sell spanish wealth arm
Barclays Bank last night agreed to sell its Spanish retail banking and wealth management business to CaixaBank, incurring a £500m ($830m, 632m) loss after tax on the transaction.
Pension reforms drive new fund from Amundi
Amundi plans to become one of the first asset managers to launch an international fund in direct response to new thinking around the annuity needs of retirees, following the pension changes announced in the UK spring Budget this year.