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Stay Active

How Staying Active Can Benefit Your Work

1024 576 Rachel Le Feuvre, Reset Button


Finding the time to keep fit while doing a busy, sedentary job is something that many find tricky, if not impossible, to do. However, exercise is easier to build into your routine than you may think.

It is all about getting into the habit of doing something every day whether walking/cycling to and from work, jogging or going for a brisk walk around the block during your lunch break, skipping, walking up stairs instead of taking the lift, playing a game of tennis after work ……… it doesn’t matter what you do but try and do something!

Exercise has many proven benefits. Here are ten particularly relevant to the workplace:

1. Improved memory & concentration levels – numerous studies have found that regular exercise helps improve both memory and concentration.

2. Better Sleep Quality – exercise has been proven to help you go to sleep faster, sleep better and wake up feeling properly refreshed.

3. Improved Self-Esteem – helps improve our sense of well-being, personal value and self-esteem.

4. Boost in Energy – regular exercise will help increase your energy level – very helpful when it comes juggling between work, home and everything else a busy life throws at us! Experts have found that low intensity exercise (for example a leisurely walk) will result in a drop in fatigue as well as increasing energy levels by 20%.

5. Stress Reduction – exercising helps to dissipate hormones and other chemicals that build up during stressful periods.

6. Prevention of Cognitive Decline – regular exercise, especially between the age of 25 to 45, helps boost the chemicals in the brain that support and prevent the degeneration of the hippocampus (memory and learning).

7. Greater Brain Power – studies have shown that cardiovasculor exercise can create new brain cells and improve the overall performance of the brain. A tough workout will increase levels of BDNF (a brain derived protein) believed to help with decision making, higher thinking and learning.


8. Decrease Anxiety & Depression – it is well known that exercise releases endorphins that create feelings of happiness. In fact, in many cases exercise can be as effective at dealing with depression as anti-depressant pills. And, for anyone prone to anxiety it will help them to calm down.

9. Increase in Creativity – a good workout will boost creativity for up to two hours afterwards!

10. Less Long Term Health Issues & Diseases – exercise has been proven to lessen the chances of having long term health issues and diseases. In fact, studies have found it will even help to lengthen your life by as much as 4 years when you do five hours of exercise per week.

Hopefully these ten benefits will encourage you to keep active and enjoy a productive, happy and long life. If you would like more information, advice or help in putting together an exercise plan please get in contact with the fitness experts at The Reset Button via

Why not try our Mindfulness Mini-Course : ‘Calm Your Mind’ available FREE on itunes: Calm Your Mind

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Establishing Insurance Companies in Malta

1023 683 Jatco Insurance


Since Malta joined the European Union (EU) in May 2004, it has become an attractive domicile for establishing an insurance company or an affiliated insurance company.

A Maltese insurance undertaking is defined as a company authorised in terms of the Insurance Business Act, whose head office is in Malta, and is entitled to carry on business of insurance in a member/EEA state in exercise of a European Right.

Malta has an established regulatory framework that operates to EU standards and which accommodates insurance companies. Thus, Malta is worth considering as the location for a captive where the ability to issue policies directly into the EU/EEA may provide significant savings on fronting and collateral costs. This offers cost saving advantages to:

Multinationals with operations in EU locations;
UK corporations paying significant Employers’ Liability and Motor Third Party premiums;
Companies using captives to provide insurance to their customer base, e.g. travel, warranty, credit protection, room cancellation insurance.

The benefits of setting up an insurance company in Malta

1. Ability to write policies directly into the EU and European Economic Area – Full EU membership enables Maltese captives to dispense with the need for fronting companies into the EU/European Economic Area (EEA).
2. Effective and responsive regulation – Regulation is to EU standards while being flexible and responsive for which the most successful established captive domiciles are favoured.
3. Established financial centre – Insurance, legal and accounting expertise is all available within Malta’s highly trained professional workforce.
4. Tax efficiency – The standard rate of corporate tax in Malta is 35%, but an insurance company insuring risks outside Malta could benefit from the Malta tax refund system.
5. In addition, Malta has double taxation treaties with 60 countries.
6. Protected cell companies – PCC legislation enables a PCC to be formed in Malta whereby each cell’s assets and liabilities are legally separated.
7. Migration from other jurisdictions – The Continuation of Insurance Companies Regulations 2003 enables captives to be easily relocated from other jurisdictions which have similar legislation.

The benefits of using an Affiliated Insurance Company in Malta

1. Solution to market limitations: Captives can provide cover for risks that is not available or affordable in the traditional insurance market.
2. Improved and flexible risk management: Policies are custom-designed and specially tailored to the needs of the insured.
3. Reduced risk financing expenses: Lower transaction costs and administration expenses compared to traditional insurance programmes. Companies can also retain underwriting profit and investment income earned on loss reserves.
4. Better cash flow management: Companies have control over the payment or premiums and the timing and the payment of claims. They can direct the flow of funds to and from the captive according to their own investment strategy. This leads to a more efficient use of capital.
5. Direct access to reinsurers: Companies can buy excess loss protection on a wholesale basis rather than on a retail basis (traditional insurance policy). They benefit from better conditions and the opportunity of negotiating price and contract terms directly.
6. Coordinated risk management: Multinational companies can use a captive to manage risks at group level and centralize their insurance programmes. This translates into improved risk awareness and cost-transparency.
7. Protection from price fluctuations: Pricing swings occur periodically in the traditional marketplace. Companies using a captive can negotiate a premium established on the basis of their own loss experience. Other market factors and loss experiences of other insured parties have no effect.
8. Potential tax advantages for Captives: Malta tax refund system that could be beneficial to foreign investors.

Furthermore, the growth of the insurance sector, has attracted a significant increase in the number of insurance managers in Malta. Most insurance managers offer a full range of products and services which encompass every aspect of alternative risk management, from initial consulting, to program structuring and formation, to ongoing administration and regulatory compliance for insurance companies.


Fear Fintech? Embrace Fintech

1024 683 Ken Carmody, Finscoms


The fintech scene is booming. Berlin, London, Silicon Valley and New York City-based fintech start-ups are disrupting the traditional financial services industry. These innovators are garnering incredible amounts of investment: 2014 witnessed $12.2 billion worth of investment in fintech ventures and 2015 numbers are set to show more than $20 billion. The fintech sector is estimated to be worth almost $5 trillion so safe to say that it is fast becoming a major sector bringing with it challenges and opportunities to the incumbent players of the financial services arena. How will this juggernaut affect wealth management?

Fear or embrace?

The last three years has seen the rise of the ‘robo advisor’, defined as low cost computerised asset allocation application. It has been viewed as a direct threat to the traditional offline advisory services. The next generation clients prefer the automated digital advice received via mobile communication technology and the low and transparent fees sweeten the offering.


Traditional wealth managers should not run for the hills but instead embrace technology as a facilitator for improved client relationships and the creation of new client relationships through the added reach of a ‘robo advisor’ application. Algorithmic guidance can compliment bespoke human advice from traditional advisors, enhancing services and remaining competitive.

Another way asset managers may benefit from the fintech revolution is through investment research. There is an opportunity to enhance operations by analysing more data in a cost effective manner. Fintech firms are making use of military grade intelligence software that is taking many funds to another level in analyse and data curation. The cost of gathering first class data has been dramatically lowered as for example smaller funds can access start ups like Symphony on an á la carte basis.

Financial service firms have also begun investing in fintech start ups and even acquiring them. For example Fidelity Investments bought eMoneyAdvisor in 2015. Some are launching their own fintech divisions e.g. Citigroup has launched Citi FinTech. These companies have recognised the threat and have chosen to embrace it.

Finscoms is at home in the digital world and an expert in helping funds enhance their client services. Through digitalisation we have found smarter ways to market, communicate and distribute your fund. Find out how we can create added efficiency to your operations.