Skandia
skandia intl sales grow but uk hit by rdr
Skandia International made a positive contribution to parent company Old Mutual’s results with first quarter gross sales up 15% to £449m compared to the first quarter of last year.
rdr effect seen on offshore bond sales to uk
New business sales of offshore bonds into the UK market last year ended up a fifth below 2011’s levels, which in turn were down more than 7% from the previous year, as investors shunned equities and similar investment products.
old mutual announces latest batch of rebrands
Old Mutual has restructured a number of its funds, and has rebranded the next set of Dublin-domiciled Skandia Global Funds, effective 19 April.
United Kingdom | 7 Mar 13
rdr will have negative impact say almost half
A worryingly high number of advisers in the UK believe the Retail Distribution Review, which was finally implemented at the beginning of this year, will have a negative impact on the financial services industry.
rdr tax evasion and the international life
The Retail Distribution Review and the UK Government’s rhetoric on tax evasion were among the challenges discussed at a roundtable event held by International Adviser earlier this month.