Guernsey
Momentum waives QROPS transfer fee
Pensions provider Momentum has waived set-up and first year fees for clients looking to move their existing QROPS products following a surge of requests in the run up to Aprils UK pension reforms.
Guernsey to enable transfers
Guernsey QROPS will benefit from full flexibility following a legislative change that will enable policyholders locked into schemes on the island to transfer funds into other jurisdictions.
United Kingdom | 21 Jan 15
guernsey notches up 800 insurers
Guernsey licensed 85 new international insurers during 2014, including eight limited companies.
FSC Gibraltar and FINMA reach
The Gibraltar Financial Services Commission (FSC Gibraltar) and the Swiss Financial Markets Supervisory Authority (FINMA) have reached an agreement ensuring the mutual oversight of cross border alternative investment fund managers.
Providence acquires Fund Corporation
Financial services firm Providence has bought Guernsey based Fund Corporation and is set to establish a new headquarters on the Channel Island.