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EU rethinks financial market access rules

Senior EU officials are reviewing how they grant market access to overseas financial firms, which may make it harder for City firms to operate post-Brexit. The Financial Times reports officials at the European Commission are considering equivalence rules which give limited access rights to countries outside the EU where regulations are broadly similar to EU […]

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The teething troubles ahead for Standard Life’s Elevate integration

Advisers need to watch Standard Life’s integration of Axa’s Elevate platform for signs of teething troubles, experts warn. Last week marked the completion of the acquisition, which will almost double Standard Life’s customer base, bringing over 160,000 to the business, and raising total numbers to 350,000. But while the integration at a technology level should be […]

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L&G forms trans-Atlantic insurance division

Legal & General has formed a new trans-Atlantic insurance division to bridge its UK and US offerings. Legal & General Insurance will be led by Bernie Hickman, who became L&G Home Finance chief executive and Individual Retirement managing director in 2014 and has held roles at the company including UK Protection managing director, group financial controller, and investor […]

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