Life
RL360° to purchase Clerical Medical Int’l
Isle of Man-headquartered, RL360° Group, is to buy the international life arm of Lloyds Banking Group, Clerical Medical International Insurance Company (CMI).
Evolution needed for offshore industry to thrive, says Axa
UK offshore life companies and advisers both need to evolve to maximise offshore bond sales by 2020, said Axa’s Simon Willoughby.
OMGI extends Asia push amid tough competition
Product launches, additional local staff and Hong Kong-domiciled funds are part of the plan as Old Mutual Global Investors extends an aggressive Asia expansion, Warren Tonkinson, head of distribution, tells Fund Selector Asia.
Advisers must brace themselves for new IHT trust duties from next March, warns Canada Life
Advisers must prepare clients for new tax and reporting requirements on trusts, as an inheritance tax (IHT) law introduced by the last Labour government reaches its tenth anniversary next March, Canada Life has warned.
AILO guide to cross-border life assurance policies
The Association of International Life Offices (AILO) has launched a free guide on investing in cross border life assurance policers to help individuals approaching retirement age make decisions about how to use their pension pots.