Europe
Zurich to sell Luxembourg private bank unit to Lombard Int’l
Lombard International Assurance is to buy the Luxembourg-based private banking division of Zurich Eurolife S.A.
First European financial adviser market survey planned
The European Federation of Financial Advisors and Intermediaries (FECIF) has announced plans to partner with a department of Nice University to conduct a survey of the size and scale of the European financial advice market.
Sovereign offers flexi-access drawdown from its Malta Qrops
Sovereign Pension Service in Malta has announced that it will offer flexi-access drawdown under its local Qrops scheme with immediate effect.
Invesco Powershares launches Euro STOXX ETF
Invesco Powershares has listed its PowerShares Euro STOXX High Dividend Low Volatility UCITS ETF on the London Stock Exchange.
Jersey and Guernsey removed from Italian blacklist
Jersey and Guernsey will no longer appear on Italy’s tax blacklist, after the Italian parliament revised provisions in the country’s tax code relating to blacklists on corporate taxation and controlled foreign companies (CFC) rules.