Europe
Brexit success could spark further EU break-up – OMGI
If the United Kingdom’s exit from the European Union leaves the country ‘better off’ it could spark further break-up, according to Christine Johnson, head of fixed income at Old Mutual Global Investors.
Solvency II ‘life support’ is a step in the wrong direction
Solvency II is a step in the wrong direction that will keep some companies alive that would be better giving themselves a decent burial and consolidating themselves out of the market now, according to industry consultant Ned Cazalet.
Best Practice | 9 Aug 16
STM sees bumper July following Qrops fee waiver
Waiving the establishment fee for new qualifying recognised overseas pension schemes (Qrops) saw STM Group’s new business applications hit their highest level for 12 months in July.
Old Mutual sells Italian business to Cinven for €278m
Old Mutual Wealth has agreed to sell its Italian business to European private equity firm Cinven for €278m (£236m, $308m).
EU tax cases against HMRC to soar amid Brexit concerns
The number of people bringing cases against national tax authorities to the European Court of Justice (ECJ) could see a dramatic increase in the wake of the Brexit vote, says international law firm Pinsent Masons.