Industry
Australian Link Group buys UK, Europe and Dubai-focused Capita
Australia-headquartered financial services provider Link Group is to acquire internationally focused Capita Asset Services for £888m ($1.1bn, €1bn).
Utmost adds two offshore bonds with Axa Life acquisition
Utmost Wealth Solutions has added two Dublin-based offshore bonds to its range following the completion of its acquisition of the investment bond business of Axa Life Europe.
IFAs Bellpenny and Ascot Lloyd in mega merger
Bellpenny and Ascot Lloyd have completed a merger that will create a financial planning company with £6bn ($7.8bn, €6.8bn) of funds under management.
IoM advisory group opens office in the DIFC
Boston Multi Family Office (BMFO), an Isle of Man-based advisory firm with offices in Malta, has opened of an office in the Dubai International Financial Centre (DIFC).
IoM regulator scraps January 2018 commission disclosure
UPDATED: Insurers headquartered on the Isle of Man will no longer have to provide customers with generic information about commissions and fees from 1 January 2018 after the island’s regulator scrapped its plans, in a move welcomed by the industry.