Industry
South Africa insurer Sanlam buys 49% stakes in Firstglobal AM
Graviton Financial Partners, a wholly-owned subsidiary of South African insurance giant Sanlam, has acquired a 49% stake in Firstglobal Asset Management for an undisclosed sum.
Retirement | 18 Jul 16
The UK property downsizing pension delusion
Up to three million people of working age in the UK who plan to use the value of their home to fund their retirement could be headed for a shock, says Royal London.
Tax & Regulation | 18 Jul 16
Altmann quits as UK pension minister, calls for more reform
Ros Altmann has stepped down as UK pensions minister with a call for the new British government led by Theresa May to address some of the major policy reforms needed to ensure pensions meet the challenges facing retirees in the future.
Middle East | 18 Jul 16
Abu Dhabi Global Market signs closer ties with China
Abu Dhabi’s Financial Services Regulatory Authority (FRSA) has signed two agreements with China to improve collaboration and cooperation.
Retirement | 18 Jul 16
Aviva launches face-to-face adviser service in the UK
Aviva will have an in-house team of advisers offering face-to-face pensions and retirement advice to customers in the UK by the end of the year.