View more on these topics

Scot Eq increases contribution to Aegon&#39s profits

Scottish Equitable made a £68m contribution to parent Aegon&#39s pre-tax profits in the first nine months of this year, up 18 per cent on the previous year.


AEGON&#39s stake in the profits of Scottish Equitable increased from 90 per cent to 95 per cent which helped the group&#39s premium income growth rise by 26 per cent to NLG 30m before tax.

Recommended

Pictet unveils pan-European institutional fund

Swiss-owned Pictet Asset Management UK is launching a pan-European institutional fund based in London.The fund&#39s objective is to achieve long-term growth by investing in a diversified portfolio of pan-European equities with a strong emphasis on sector positioning and fundamental, analytically-based stock selection.The fund has already attracted US$40m of investment, including a significant proportion from Scandanavia, […]

Quilter & Co takes pensions expert from parent CGU

CGU subsidiary Quilter & Co is poaching Rodney Reid from its parent company to help build its gross fund division and unit trust subsidiary.Reid joined Commercial Union in 1985 where he ran the UK equity portfolio of the CU Staff pension fund for 12 years before running a SICAV enabling French investors to enter the […]

ASA forces C&G to amend &#39instant&#39 access accounts

The Advertising Standards Authority is forcing Cheltenham & Gloucester to withdraw its Instant Transfer Account and rename its Instant 10 Account.The ASA ruled against the words &#34instant access&#34 because neither account offers instant cash withdrawals, a facility that an instant access account must have under a new ASA ruling.The Instant 10 Account is being renamed […]

Private Label offers discount mortgage with cashback for millennium celebrations

Private Label is launching a new cashback discount mortgage which will pay borrowers £1000 in December 1999 just in time for the millennium celebrations.The discount rate is 6 per cent with 3 per cent cashback.The packager says that the mortgage delivers a benefit of 9 per cent – 10 per cent if the MIG – […]

Healthcare regulation amalgamation predicted for Gulf states

While Dubai is leading the way in terms of legislating for expat healthcare in the Gulf, Qatar, Abu Dhabi and others are watching and learning – that’s according to Jelf International’s director of international services, Doug Rice. He believes the pace of change in the Gulf states will continue and that some level of unified healthcare system will be introduced across the region.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment