United Kingdom
Legal and General IM acquires ETF platform Canvas
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.
Best Practice | 15 Nov 17
Inducement ban could hurt consumers, warns CISI
Financial Conduct Authority (FCA) plans to ban the offering or acceptance of inducements within the financial services profession could ultimately hurt consumers, according to the Chartered Institute for Securities & Investment (Cisi).
Old Mutual Wealth to restructure and adopt Quilter branding
Old Mutual Wealth will operate as Quilter plc, with the international arm based on the Isle of Man becoming Quilter International, once the managed separation of Old Mutual is completed in 2018.
Latest news | 14 Nov 17
Sports stars to get £100,000 tax free as testimonial income
Retiring sports stars look set to receive a boost under proposals to double the tax free earnings threshold for testimonials.
Aviva acquires Irish insurer Friends First
Aviva is now the largest composite insurer in Ireland following a deal to acquire Friends First Life Assurance Company for €130m (£116m, $151m).