Life
Best Practice | 20 Nov 17
Storm brewing over UK pensions
There is a crisis brewing in the retirement income market where there is a lot of freedom but little choice, according to a study published Monday.
Best Practice | 20 Nov 17
Analysis: The future’s bright post Paradise Papers
Having borne the brunt of the media scrutiny following the Paradise Papers hack, key figures in the international life insurance industry have hit back and defended the Isle of Man and other international financial centres.
Old Mutual Wealth to restructure and adopt Quilter branding
Old Mutual Wealth will operate as Quilter plc, with the international arm based on the Isle of Man becoming Quilter International, once the managed separation of Old Mutual is completed in 2018.
Latest news | 14 Nov 17
STM chief executive released from bail, shares resume trading
STM Group chief executive Alan Kentish, has been released from police bail in Gibraltar without charge, while simultaneously STM subsidiaries have come under regulatory scrutiny.
China to allow full foreign ownership of insurance companies
In a move to grow its status as a major global finance hub, the Chinese government has announced it will raise foreign ownership limits in insurance companies to 51% in three years’ time, while full foreign ownership will be allowed in five years.