Industry
Friends Life and Aviva merger probed by FCA
The Financial Conduct Authority is investigating unusual increases in share price prior to Aviva’s merger with Friends Life, according to reports.
FPI chief leaves insurer after two months
The chief executive of Aviva-owned Friends Provident International has moved to Singapore-based insurer Great Eastern after just two months in the role.
Axa brings together UK and European wealth businesses
Axa Group has made Axa Wealth its ‘European multi-manager investment centre’.
Tax & Regulation | 1 Sep 15
UK non-dom tax take of £6.6bn ‘under threat’
UK-based non-doms paid £6.6bn in income tax in 2013/14, up 7% from the previous year, according to international law firm Pinsent Masons.
Retirement | 1 Sep 15
Australia edges back after huge HMRC QROPS cull
An Australia-based overseas pension scheme has been added to HM Revenue & Customs’ approved list of qualified recognised overseas pension scheme (QROPS) after the body delisted thousands of schemes in July.