Life
MetLife shuts UK wealth management arm to new business
MetLife UK is closing its range of third-way “wealth management” retirement products to new business citing the ongoing low interest rate environment.
Standard Life adds offshore bond to Elevate platform
Standard Life has announced that its offshore bond will now be available on the UK insurer’s adviser platform business Elevate.
Asia Pacific insurers face widening investment return gap
Insurance companies across the Asia Pacific region face a growing gap between investment returns and meeting the promises made to customers, according to a survey released by Standard Life Investments (SLI).
Utmost adds two offshore bonds with Axa Life acquisition
Utmost Wealth Solutions has added two Dublin-based offshore bonds to its range following the completion of its acquisition of the investment bond business of Axa Life Europe.
IoM regulator scraps January 2018 commission disclosure
UPDATED: Insurers headquartered on the Isle of Man will no longer have to provide customers with generic information about commissions and fees from 1 January 2018 after the island’s regulator scrapped its plans, in a move welcomed by the industry.