The number of reinsurers re-evaluating their position in the UK life market is set to soar, says RGA business development manager Mick James.
With children returning to school, summer holidays little more than a memory and evenings beginning to shorten, it is to be hoped that the listless drift of the market might transpose into something more positive. With sterling weak, there seems reason to expect shares to deliver more robust performance and there is a feel of a floor developing.
Towergate Financial has acquired Leeds-based financial adviser Paramount Group Limited.
Threadneedle has appointed John Devine as chief operating officer.
The rollout of Fit for Work (FFW) has now started in England and Wales.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]