Major Sth African insurer targets international life markets
Provisca, the international distribution business launched in August by Nigel Watson and Bryan Low, has signed its first partnership agreement, opening up the products of South Africa’s third largest listed insurer to international markets.
Tax & Regulation | 2 Sep 16
US claims anti-money laundering policy is ‘not zero tolerance’
The US Treasury has sought to soften the perception of its enforcement of an anti-money laundering (AML) regime against international banks, by emphasising that its policy is not one of “zero tolerance”.
MEPs reject ‘misleading’ Priips rules, may push back start date
A key committee in the European Parliament has rejected the proposed technical standards regulation for the EU’s Packaged Retail and Insurance-based Investment Products (Priips), paving the way for a possible delay to its implementation.
Canada Life lifts withdrawal ban on property funds
Canada Life has lifted the suspension of redemptions on its commercial property life and pension funds, after its decision on 6 July to put a stop on withdrawals in reaction to the UK’s Brexit vote.
Best Practice | 30 Aug 16
Can expats believe in chartered financial planning firms?
We all know that people matter when it comes to business success, says James Pearcy-Caldwell, co-founder of financial planning firm Aisa.