Life
Investment | 9 Mar 17
What future for life companies in asset management?
Given the mixed fortunes of life companies, can they handle the tough balancing act of asset management?
Old Mutual Int’l posts solid results as managed funds rise
Old Mutual International has posted a slight rise in pre-tax adjusted operating profit for 2016 despite difficult market conditions, helped by healthy 18% rise in funds under management.
Singapore life industry must tackle ‘poor advice practices’
Life companies in Singapore must do more to improve the business culture within their organisation following a number of mis-selling cases involving poor or inappropriate financial advice, a senior official from the Monetary Authority of Singapore (MAS) has said.
Standard Life and Aberdeen agree to £11bn merger
Standard Life and Aberdeen Asset Management have agreed to merge in an astonishing £11bn (€12.7bn, $13.5bn) deal, following a weekend of intense talks.
Canaccord Genuity expands in IoM with Duncan Lawrie deal
Canaccord Genuity Wealth Management, part of Canada-based financial services group Canaccord, has bolstered its presence in the Isle of Man by snapping up more than 100 client portfolios from former wealth manager Duncan Lawrie Private Bank.