Life
Financial planning fail sees Brits pay £280m in extra IHT
Estates could have avoided the tax bill if they had put life insurance policies into a trust
Sanlam sells UK life and pension arm for £39m
Acquirer is ‘confident’ in its ‘ability to finance and execute’ further deals
Sanlam to sell UK life insurance and wealth management arms
But it will ‘maintain an asset management business’ in Britain
Indian life insurer buys rival for INR67bn
Deal will widen the acquirer’s distribution network
Axa sells insurance operations in Gulf region
This is part of the firm’s ‘continued simplification journey’