News
Complaints to Britain’s FOS show signs of easing
Britain’s Financial Ombudsman Service received 4,359 complaints relating to life, pensions and investment business in the second half of 2015.
Offshore Bonds | news 23 Feb 16
Prudential’s IPB offshore bond records solid growth
As part of its 2016 bonus declaration, Prudential has announced that the sterling tranche of its International Prudence Bond (IPB), an offshore bond sold to UK expats, has grown 6.7% in year-on-year terms since it was launched 14 years ago.
FEIFA adds three new members to partnership list
The Federation of European Independent Financial Advisers (FEIFA) has picked up three new member firms since the beginning of January.
People Moves | news 23 Feb 16
PEOPLE MOVES: Axa IM, Legg Mason, Deutsche Bank…
Axa IM has rejigged its distribution range management team; while Cyrus Investment Management added prestige to its advisory board with a senior military figure and a political heavyweight. Meanwhile, companies across the financial sector strengthened their sales and marketing teams as we move ever deeper into 2016.
Commodities | news 23 Feb 16
IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.