News
Petition against South African expat tax launched
A petition against new legislation that would force South Africans working in countries with no income tax to pay tax in their home nation went live on Sunday.
RL360° launches new tablet app aimed at Quantum product
RL360° has launched a new tablet app which will allow applications to the life insurer’s flagship regular premium savings product, RL360° Quantum, to be submitted online.
Old Mutual break-up plan continues with US asset arm deal
Old Mutual has agreed to sell a minority stake in its US asset management business to Chinese financial services group, HNA Capital, for $446m (£354m, €410m).
Life insurance business in Hong Kong up nearly 50% last year
Life insurance and annuity business in Hong Kong increased by 49% in 2016 to HK$179.1bn (£18.4bn, $23bn, €21.3bn), latest figures released by the Office of the Commissioner of Insurance (OCI) show.
Middle East | news 27 Mar 17
UK/UAE treaty allows expats to cash out pensions tax free
A new UAE-UK double tax treaty, which came into force on 1 January, means that British expats over 55 residing in the Gulf state can cash out their full pension pot entirely tax free, according to David Denton, head of international technical sales at Old Mutual Wealth.