Old Mutual
Big jump in offshore bond sales at Canada Life International
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).
Best Practice | 2 Aug 17
‘Common sense’ prevails in FCA’s insistent client guidelines
Updated guidance on how UK advisers should deal with clients who insist on going against their advice has been welcomed as “common sense” by Old Mutual Wealth’s chief distribution officer Richard Freeman.
PEOPLE MOVES: Pakistan, Old Mutual Wealth, Jupiter
The Panama Papers fallout continues with the prime minister of Pakistan resigning. Old Mutual Wealth has hired an investment specialist to support advisers, while Jupiter’s head of Middle East & Africa has left the company.
Qrops market suffers big hit, further falls expected
The number of Qrops transfers in the last financial year dropped to the lowest level since 2010/11 and is expected to fall further on the back of the UK Government’s 25% charge, as the amount of money accessed via the pensions freedoms hits a record high.
OMI unveils offshore bond for Middle East and Africa
Life insurer Old Mutual International (OMI) has launched an offshore bond for advisers in the Middle East and Africa as part of a revamp of its global offshore bond range.