Industry
Advice business makes second deal of 2019
Acquisition of London & Capital’s UK wealth arm is one of several expected in the next few months
France considers pulling out of Fatca
Move dependent on negotiations to avoid double taxation for French American citizens
Novia’s profits skyrocket in 2018
Assets under management were up 5% and new business increased by 3%
UK compensation scheme declares 21 firms in default
Customers could now get back the money they have lost
Hong Kong insurance regulator to licence intermediaries
The Federation of Insurers will give up the function in September 2019