News
Big insurer pullback from markets creating opportunity for others
Smaller international life companies are reporting a big pickup in activity as regulatory pressures and new technology drive the major players to restructure operations to focus on core strengths and markets, industry observers said.
Omni launches new Ucits fund
London-headquartered investment manager Omni Partners has announced that it has launched a Ucits version of its existing offshore Omni Macro Fund.
New insurer Emerald Life targets LGBT community
Emerald Life, a new UK insurance provider aimed at the LGBT community, launched Wednesday announcing that it offers home, term life, wedding and pet insurance to cater to the nation’s 2.2 million LGBT adults over 30 potentially looking to buy insurance.
Chinese retail boom defies slowdown fears, says Fidelity
Despite resources such as oil, gas and coal being “negatively hit by the slowdown in growth in China”, it’s not all doom and gloom as Chinese consumers “continue to buy more than ever”, according to a recent report published by Fidelity International.
Financial services complaints down
Financial services firms in the UK received 2.11 million new complaints between July and December 2015, a decrease of 1.4% compared with the previous six months, according to the Financial Conduct Authority.