News
Sanlam expands adviser network with Tavistock takeover
Sanlam UK has acquired the advisory arm of Tavistock Investments, taking over its network of 158 advisers and adding £1.5bn ($1.95bn, €1.66bn) to Sanlam’s total assets under advice.
EU to limit UK expat residency rights post Brexit – minister
Britain’s Brexit minister David Davies has revealed that the European Union plans to restrict the residency rights of British expats living within the bloc once the UK leaves.
VAM launches lower charging clean share class for fund range
Luxembourg-based asset manager VAM Funds has launched a clean share class option for its Ucits fund range.
US life insurance slump shows no signs of abating
American life insurance activity continued its downward trajectory and lost further ground in July, an index measuring the industry’s business levels shows.
Goldman Sachs to sell entire Rothesay Life stake
Goldman Sachs has agreed to sell its remaining stake in UK-based life insurer Rothesay Life to MassMutual Life Insurance and to funds managed or advised by investment firm Blackstone and Singaporean fund management company GIC.