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PEOPLE MOVES: Fidelity, Brooks Macdonald, Aberdeen, Weatherbys

By: Eugene Costello | 21 Jul 2017

Fidelity Fidelity International has boosted its multi asset team, with the news that it has appointed of Chris Forgan (pictured left) as co-portfolio manager. Forgan will be…

Prudential and CT Corp create Indonesia life insurance JV

By: Gary Robinson | 20 Jul 2017

US life giant Prudential Financial and Indonesian consumer-focused business group CT Corp have created a joint venture to provide life insurance solutions to the Indonesian and Asian marketplace.…

FCA sets its sights on offshore insurance failures

By: Gary Robinson | 19 Jul 2017

Andrew Bailey the chief executive of the Financial Conduct Authority has expressed concerns about the failures of offshore insurance companies, whose products have been sold in the…

FPI Singapore formally launches ‘Purpose Saver’ savings plan

By: Helen Burggraf | 17 Jul 2017

Friends Provident International, the globally-focused insurance savings product arm of the Aviva group, has formally launched its new ‘Purpose Saver’ product – designed to help “affluent individuals…

PEOPLE MOVES: Aberdeen, Canaccord Genuity, Premier Assurance Group

By: International Investment Staff | 13 Jul 2017

Aberdeen Life Aberdeen Life, the unit-linked insurance subsidiary of Aberdeen Asset Management, has named former Association of British Insurers’ director general Otto Thoresen to head up its…

Now Health Int’l adds ‘chatbot’ facility to its client-facing digital toolbox

By: Helen Burggraf | 12 Jul 2017

Now Health International, the Hong Kong-based international private medical insurance provider co-founded six years ago by IPMI veteran Martin Garcia, has unveiled a “chatbot” facility it has…

Gibraltar insurer ceases writing new business

By: Gary Robinson | 07 Jul 2017

Gibraltar-headquarted Elite Insurance has stopped writing new business “with immediate effect”. Elite, which has been operation in the insurance marketplace since 2005 announced, via a statement on…

IoM regulator delays commission disclosure till 2019

By: Gary Robinson | 30 Jun 2017

The Isle of Man Financial Services Authority (IoMFSA) has today published details of its 2017 Roadmap on updating the island’s regulatory framework for insurance business, delaying the…

IoM industry giants reveal Conduct of Business Code feedback

By: Gary Robinson | 30 Jun 2017

The final draft of the Isle of Man Conduct of Business Code published in May outlined requirements for international insurance companies headquartered there to tell customers how…

SJP Asia expands Singapore operation

By: Gary Robinson | 28 Jun 2017

St. James’s Place Wealth Management Asia (SJP Asia), the international business of St. James’s Place Wealth Management has opened its new Singapore office. Situated in the Raffles Place…

Vontobel wealth management arm opens office in New York

By: Adrien Paredes-Vanheule | 27 Jun 2017

Vontobel Swiss Wealth Advisors, part of Zurich-based  Vontobel Holding’s Wealth Management division, has opened an office in New York. The wealth manager started looking after US investors…

Brexit: M&G to transfer £6bn of funds to Luxembourg

By: Adrien Paredes-Vanheule | 27 Jun 2017

M&G Investments, the London-headquartered asset manager, is proposing to move the assets of four of its UK-domiciled, open-ended strategies to equivalent SICAV funds on its Luxembourg platform…

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