News
Investment | news 16 Sep 16
Jersey, Guernsey and US regulators target Providence Global
The Jersey Financial Services Commission (JFSC) is working closely with its Guernsey counterpart and in parallel with US regulators against wound-up financial services firm Providence Global.
Phoenix in ‘advanced’ talks to buy Abbey Life for £800m
Closed book pension provider Phoenix Group has confirmed it is in “advanced” talks with Deutsche Bank about the acquisition of life company Abbey Life.
Tax & Regulation | news 15 Sep 16
November cut on the cards after BoE holds rates
Economists expect another rate cut will materialise in November after the Bank of England’s Monetary Policy Committee (MPC) unanimously voted to hold rates at 0.25% on Thursday.
Middle East | news 15 Sep 16
Guernsey regulator signs MoU with Abu Dhabi
The Guernsey Financial Services Commission (GFSC) has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
People Moves | news 15 Sep 16
PEOPLE MOVES: Orbis Access, Ascentric, LGIM
Orbis Access hires Old Mutual International’s Marcel Bradshaw to head up its UK retail division, while the Ascentric platform appoints Simon Gully to a newly appointed role. LGIM lures its new head of head of DC solutions from JPM Asset Management, while ex-Baring chief investment officer Ken Lambden is hired as part of a senior management shake-up.