Europe
ailo highlights deep concerns over commission
The Association of International Life Offices has reaffirmed its “deep concerns” over the European Commissions intention to ban commission payments for independent financial advisers, while welcoming the latest drafts of IMD2 and Prips regulation.
hnwis across europe eurozone will survive
A J P Morgan Private Bank study has revealed that three quarters of high net worth investors (HNWIs) in Europe believe the eurozone will survive the ongoing crisis.
old mutual am creates new head of benelux role
Old Mutual Asset Management, the US-based asset management arm of Old Mutual, has appointed Pascal Vernaeve to the newly created role of head of Benelux sales.
lombard names pinte to new strategy role
Lombard International Assurance, the Luxembourg-based wealth management subsidiary of Friends Life, has named Vincent Pinte executive director for business development and marketing.
Gibraltar targets BRIC countries
The Gibraltar Government intends to explore the new emerging BRIC markets, the financial services minister Gilbert Licudi outlined in his Budget address this week.