Life
L&G consolidation continues with Suffolk Life sale
Legal & General has further rationalised its offering by announcing the sale of Sipp provider Suffolk Life to Curtis Banks Group. The move follows L&G’s recent decision to dispose of non-core businesses, which saw it withdraw from France, Ireland, and Egypt in 2015.
MetLife calls for light touch UK financial advice regulation
Insurance giant MetLife has weighed into the debate over the financial advice gap in the UK, arguing its research shows the cost of providing advice is stopping advisers expanding to offer their services to mass market.
Zurich to sell Luxembourg private bank unit to Lombard Int’l
Lombard International Assurance is to buy the Luxembourg-based private banking division of Zurich Eurolife S.A.
FPI launches adviser academy in the UAE
Friends Provident International (FPI) has launched a financial adviser academy as part of a strategic plan to help support brokers and advisers that distribute its products.
Tan out, Barrows heads Hong Kong after FPI restructure
Charles Barrows has been named the new managing director of Friends Provident International Hong Kong with immediate effect, following a restructure which saw the departure of former Asia chief James Tan.