Old Mutual
Best Practice | 27 May 16
Scandals tainting legitimate tax planning strategies
More than a tenth of UK advisers have seen clients discouraged from using legitimate tax planning strategies as a result of high profile scandals, according to Old Mutual Wealth (OMW).
Old Mutual Asset Management sale moves closer
Old Mutual is reportedly a step closer to selling its US asset management business, with the group’s board understood to support the deal.
Old Mutual EM unit moves into West Africa with ETI deal
Old Mutual Emerging Markets (Omem) has teamed up with pan-African banking group Ecobank Transnational Incorporated (ETI) as part of a move to expand its operations into French-speaking nations such as Senegal and the Ivory Coast.
People Moves | 19 May 16
PEOPLE MOVES: Friends Provident Int’l, Zurich, Axa…
FPI has confirmed the departure of Singapore managing director Chris Gill and named his replacement. Zurich has made several senior changes of late, including handing the reins of its MEA Global Life business to Walter Jopp. Axa France’s chief executive and chairman is to depart, while Deutsche Bank’s co-chairman of the management board is to step down but will continue to support the bank in a different role.
The future of 5% bond withdrawals
New HM Revenue & Customs proposals being consulted on by the industry could fundamentally alter the way UK and offshore bonds work, says Rachael Griffin, financial planning expert at Old Mutual Wealth.