Life
qrops boost skandia Intl sales profits down
A strong QROPS market in Europe and improved portfolio bond sales globally drove a 14% increase in Skandia International’s gross sales over the last year.
start up costs continue to weigh on standard life
Start up costs and a shift in strategy continued to put downward pressure on Standard Life’s Asia and emerging markets business last year, although sales and asset gathering largely increased.
former hsbc employee banned for deceiving
The Securities and Futures Commission has banned a former HSBC relationship manager from re-entering the industry for life.
across the board growth recorded at axa
Sales grew by more than 10% last year for Axa Wealth International, despite anticipated headwinds caused by the introduction of the new Retail Distribution Review legislation in the UK.
AIA new business grows in 2013
The value of new business at Asia’s largest insurer AIA Group grew by a quarter during the year to the end of November, despite a decline in net profit.