Life
The future of 5% bond withdrawals
New HM Revenue & Customs proposals being consulted on by the industry could fundamentally alter the way UK and offshore bonds work, says Rachael Griffin, financial planning expert at Old Mutual Wealth.
Ex-AIA insurance agent pleads guilty to fraud in Singapore
A former agent of pan-Asian life insurance company AIA pleaded guilty for the second time on Thursday to defrauding an elderly couple of more than $5m (£3.4m, €4.4m) after withdrawing her earlier plea.
Old Mutual Wealth hires new COO as group break-up approaches
Old Mutual Wealth has appointed Steven Braudo as chief operating officer, effective 1 June 2016.
Standard Life buys Elevate, more UK disposals likely says Axa
Axa has agreed to sell its wrap platform business to Standard Life and has confirmed it is in talks to dispose of its remaining UK life and savings assets.
Generali and the post-merger plan
For the first time since the December 2015 merger with Generali International, Generali Worldwide’s Nick Griffin outlines the global family’s strategy and future plans.