Life
FNZ buys stake in life insurance distribution platform
Deal helps the firm bolster its presence across France and Luxembourg
Private placement life insurance schemes under investigation in US
Products are allegedly being used by wealthy Americans ‘to avoid and evade taxes’
US life insurer unveils wealth accumulation products
Primarily through exposure to equity markets and dividends
Aviva tops pension complaints list
But just 24% of cases were upheld in H1 2022, Ombudsman data shows
PE firm eyes sale of Italian life company
After regulator reportedly asked the insurer to increase its capital reserves by €250m