United Kingdom | 13 Mar 13
lords committee says proposed gaar narrow
A House of Lords sub-committee on the Draft Finance Bill has found its plans for a General Anti-Abuse Rule are “a reasonable starting point” but “narrowly focused”, and urges that its limitations be publicised.
natixis launches indian equity fund
Natixis Global Asset Management has launched an Indian equity fund through its Luxembourg-domiciled Sicav for distribution across Europe, including the UK, and into the MENA region.
Profiles & Comment | 13 Mar 13
thinking global acting local life trends with
Friends Life International CEO John Van Der Wielen talks about his shake-up of the organisational structure of the business, diversification of staff to better address global markets and what he is doing to tackle the high commission culture in overseas life sales.
sweet spot asia delivers for prudential in 2012
Prudential’s “sweet-spot” Asian markets helped the company deliver a 14% increase in new business profit last year, on a European embedded value basis, with Asia contributing almost 20% to new business profit.
brazil banks dominate life sales says global
Brazil has the highest bank assurance share of all the 16 major global markets covered in a report by research company Finaccord.