Generali doubles up in India
Italy’s Generali Group is increasing its stakes in two insurance joint ventures in India to 49% up from 25.5%, “underscoring its commitment to growing its presence in the local insurance market”.
People Moves | 26 Jun 18
PEOPLE MOVES: Phoenix, River and Mercantile, Stenham
Phoenix names senior leadership in wake of Standard Life acquisition, Stenham Wealth appoints RBC alumni in Jersey, and River and Mercantile names Australian rugby legend to lead ops down under.
ETFs could spark next financial crisis
An economics consultancy has warned that ETFs contain a design flaw and could well be the catalyst for the next financial crisis.
Where has £17.5bn of pension freedoms money gone?
About £3bn ($3.9bn, €3.4bn) that has been flexibly withdrawn from UK pensions is currently sitting in low yield bank accounts, with investors facing the “double jeopardy” of tax on withdrawals and low returns, according to research by AJ Bell.
European pension plan’s ‘elephant in the room’
Europe is still not dealing with the tax treatment of Pan European Pension Products in its latest compromise deal to push the contentious product forward, the secretary general of a European lobby group has warned.