Industry
Retirement | 25 Jul 16
Brexit could see 30% of older savers change retirement plans
Around a third of people in the UK approaching retirement are looking to change their financial plans as a result of the Brexit vote, research by UK insurer Prudential suggests.
Northstar sets up in the Dubai International Finance Centre
Bermuda-based Northstar Financial Services has opened an office in the Dubai International Financial Centre (DIFC) and appointed Sanjeev Chowdhury as principal representative.
Aberdeen has deeper problems than property outflows
Aberdeen saw outflows of £1.5bn ($2bn, €1.8bn) from its property funds in the three months to June, but some analysts see this as merely a “sideshow” to deeper problems.
Aviva launches 280-strong Singapore advice business
The UK-headquartered insurer has set up a financial advisory firm in Singapore called Aviva Financial Advisers, offering advice on a full range of life, health, general insurance, and investment products.
Investment | 25 Jul 16
Active management sector needs to shrink – Moody’s
The active management industry will have to shrink substantially, Moody’s Investor Services argues in a new report on the growth of passive investments.