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Pru application for PIA gets go-ahead

Prudential&#39s application to join the PIA has gone through after it announced its intention to join in December last year. It can now be fined for compliance breaches, a power not open to its previous regulator SIB.

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Axa presses on with £40m bid for global brand

The Axa Group is launching a £40m advertising campaign in a bid to build its brand name across the globe. The group, parent of Axa Sun Life in the UK, is aiming to build a single brand across the world by 2000. The campaign, which breaks this week, includes TV and press ads which feature […]

Clarification on UK presence for offshore firms

The Finance Bill, published last week, has clarified the Budget announcement that offshore life offices will have to have a financial presence in the UK. The Bill indicates that any office which does not offer a representative will be forced to join an agency set up by the Government. The move is part of a […]

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