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Regions

Retirees shun Lamborghinis, taking just £25k from pensions

Retirement | 24 Mar 16

Retirees shun Lamborghinis, taking just £25k from pensions

The average full withdrawal from pension pots since UK rule changes came into effect in April 2015 was just under £25,000 ($35,346, €31,673), new research by online investment platform AJ Bell shows.

Gibraltar removed from Bulgarian tax haven list

Europe | 24 Mar 16

Gibraltar removed from Bulgarian tax haven list

Bulgaria has removed Gibraltar from its ‘tax haven’ list following intensive lobbying from Gibraltar Finance and the state’s minister for finance and gaming, Albert Isola.

Morningstar flags up UK commercial property slowdown

Property | 24 Mar 16

Morningstar flags up UK commercial property slowdown

Morningstar has warned of a continued slowdown in the United Kingdom’s commercial property market.

Sun life Financial to own Indonesian life insurer outright

Asia | 24 Mar 16

Sun life Financial to own Indonesian life insurer outright

Sun Life Financial (SLF) has announced that it will take 100% ownership of the Indonesia-based life insurer PT CIMB Sun Life (CSL), after signing an agreement to purchase an additional 51% stake on top of the 49% it already owns.

AFH drops bid for Lighthouse over ‘limited growth prospects’

Companies | 23 Mar 16

AFH drops bid for Lighthouse over ‘limited growth prospects’

IFA consolidator AFH has pulled out of a potential bid to acquire Lighthouse as it sees “limited growth prospects” for the national advice firm.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser. Site managed by Furness Media