Regions
RBC to sell Swiss arm as it increases Asian focus
The Royal Bank of Canada will sell its Switzerland-based private banking business to the SYZ Group so it can focus increasingly on Asia and the British Isles.
People Moves | 14 Jul 15
Aberdeen AM hires former MP to new pensions role
Aberdeen Asset Management has hired the former UK shadow pensions minister Gregg McClymont to fill a new role as head of retirement savings.
Deutsche AWM launches China sovereign bond ETF
Deutsche Asset & Wealth Management has launched the first exchange-traded fund (ETF) on the European market to provide investors with exposure to China’s domestic sovereign bond market.
Axa UK signs deal to protect DB plan from longevity risk
Axa UK’s group pension scheme has closed a deal with the Reinsurance Group of America (RGA) to cover the longevity risk in its defined benefit pension plan.
Retirement | 13 Jul 15
Majority of QROPS transfer requests are a scam, warns Aegon
Aegon has warned that 80% of the requests it has received for transfers into qualifying recognised overseas pension schemes (QROPS) are designed to swindle savers out of their pension pots.