Canada Life
Canada Life Group Insurance managing director McMullan dies
Ian McMullan, managing director of Canada Life Group Insurance, died on 8 July following a battle with cancer.
LGIM, Aberdeen levy exit penalties on UK property funds
Aberdeen Asset Management and LGIM have announced a 17% and 15% value cut on their respective commercial property funds, following suspensions on trading by the UK’s largest property funds.
Offshore Bonds | 1 Jul 16
Isle of Man cuts probate charges on life assurance policies
The Isle of Man has slashed its probate charges for non-resident applications where the only asset is a life assurance policy issued by one of the island’s insurance companies.
Tax & Regulation | 26 Apr 16
Life offices say offshore bonds to benefit from HMRC reforms
Plans to overhaul the current 5% tax free allowance on life insurance policies are “very good news” for offshore bonds, said Neil Jones, technical manager at Canada Life.
Offshore bond demand to rise following pension changes
Over a third (36%) of professional advisers expect to recommend more offshore bonds to clients following reductions to annual and lifetime limits for pension contributions, according to Canada Life.