Industry
UBS makes sweeping changes at the top
UBS Group announced nine changes to its group executive board and its board of directors, including a major shake-up of its wealth management division, on Tuesday, the same day the company released its third quarter results.
Retirement | 3 Nov 15
Billions withdrawn under UK pension freedoms, but common sense prevails
More than half of the funds being invested under the new pension freedoms have been invested in income drawdown products, with the remainder buying annuities, reports the Association of British Insurers (ABI).
Ten ways to thrive as an international life company
In the latest in a series of viewpoints from prominent life industry figures, Sean Christian, executive director – offshore of Canada Life International, sets out what it takes to thrive as an international life office.
Old Mutual Int’l kick starts Isle of Man high net worth team
Old Mutual International has launched a new high net worth team in its Isle of Man service centre to meet rising demand from wealthy individuals.
Tax & Regulation | 3 Nov 15
Firm warns against HMRC bankrupting taxpayers over APN disputes
HMRC should not pursue insolvency proceedings to demand that tax allegedly owed from years ago be paid in full until the underlying dispute has been resolved, warned law firm RPC.