Regions
United Kingdom | 17 Aug 15
L&G headquarters closure threatens jobs and clients, says union
A plan by insurance and investment giant Legal & General which could see it shut down its headquarters in Surrey will impact severely on customers, a trade union for finance workers has warned.
New EU succession laws set to impact UK nationals in Europe
New European succession regulations, known as Brussels IV, which come into effect on Monday, will have an impact on both UK residents with property in other EU states and UK expatriates resident in other EU states, says Tony Mudd, divisional director, tax & technical support at St. James’s Place.
ESMA proposes reform to EU derivative regulation
The European Securities and Markets Authority (ESMA) has suggested changes to the governance of over-the-counter derivatives markets including a new process for handling regulatory differences between EU states.
Hermes expands sales team in Singapore
Hermes Investment Management is growing its sales team in Singapore with a new hire who came on board this week.
Canada Lifes seals longevity risk deal with Aegon
Canada Life’s reinsurance division has reached a deal with insurance giant Aegon to cover the longevity risk on a €6.0bn (£4.3bn, $6.7bn) portfolio of Dutch annuities.