Old Mutual
Hansard’s Bahamas move branded ‘disappointing’
Senior figures in the Isle of Man life insurance sector have criticised Hansard’s decision to set up a company in the Bahamas, which the insurer admits was partly driven by the looming commission disclosure rules.
People Moves | 5 Jun 18
PEOPLE MOVES: Indosuez, Old Mutual, Vanguard
Indosuez appoints from within for chief executive, Old Mutual recruits from Aviva and Vanguard changes Australian leadership.
Two industry heavyweights make major announcements
Standard Life Aberdeen is planning to return £1.75bn (€1.99bn, $2.33bn) in capital to its shareholders after selling its UK and European insurance business, while Old Mutual looks to offer up to 9.6% of shares in Quilter as part of its managed separation.
Honeymoon over for robo advice
The UK’s Financial Conduct Authority (FCA) has made it clear it will hold robo advice firms to the same high standards as human advisers, with experts saying the honeymoon is now over for those trying to curb the rules.
Old Mutual boosts adviser support team
Old Mutual Wealth has hired a pension specialist and an offshore tax expert to strengthen its services for international advisers.