News
Standard Life sees 20% rise in offshore bond business
Standard Life has reported a 20% increase in offshore bond assets under administration (AUA) as the insurer looks to strengthen its foothold in India.
Retirement | news 24 Feb 17
Drawdown beats annuities but pension cash is king
More than half of UK pension pots accessed for the first time were withdrawn entirely as cash lump sums in Q3 2016. Drawdown proved twice as popular as annuities but a fall in the number of people seeking advice before making pension decisions has some in the industry concerned.
Retirement | news 23 Feb 17
UK’s Prudential to enter DB transfer advice market
UK insurance giant Prudential said it will begin offering clients advice on the increasingly contentious area of defined benefit (DB) pension transfers.
Axa reports record revenues as CEO rules out Generali bid
French insurer Axa said revenues crossed the €100bn (£84bn, $105bn) mark for the first time in the company’s history as chief executive Thomas Buberl distanced himself from a bid for Generali’s German life insurance business.
Adviser network Nexus Global expands to Latin America
European IFA network Nexus Global (NXG) has expanded to Latin America with the addition of EBG International, a Chile-based advice firm that focuses on the financial planning needs of international executives across the region.