News
Investment | news 28 Aug 15
Market volatility leaves Prudential’s PruFund growth rates unmoved
British insurer Prudential said the latest bout of market volatility, which saw record gyrations in world stock and commodity markets, won’t affect the growth rates over the next three months on its popular smoothed investment fund range, known as PruFunds.
Tax & Regulation | news 28 Aug 15
Australia moves to introduce user pays system to fund regulator
The Australian government has begun consultations with the local financial services providers to devise a system of levies and fees to fund the cost of enforcing regulations on the industry.
Axa rumoured to be looking at sale of UK businesses
French insurer Axa Group may be looking to sell off all of its UK businesses, including Axa Wealth, according to British media reports.
Investment | news 27 Aug 15
Old Mutual Int’l sees surge in trade after China market chaos
Old Mutual International has seen the trading volume on its platform more than double following the recent stock market turbulence in China.
Canada Life extends life insurance range in UK
Canada Life has expanded its range of life insurance products available in the UK, and said it will partner with the UnderwriteMe comparison service to provide fast processing of applications.