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Standard Life completes life arm sale to Phoenix

Phoenix Group has completed the acquisition of Standard Life Aberdeen’s Assurance limited. The final value for the deal has come in at £3.28bn, including £2.28bn in cash and a 20 per cent shareholding in Phoenix Group for SLA. SLA has has also confirmed plans for returning £1.75bn to its shareholders, £1bn to be returned through […]

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Prudential signs annuity referral deal with Just

Prudential is increasing its choice of annuity products for customers through a new distribution agreement with Just Group. The introducer deal, effective today, doubles the range of annuity providers customers can access from three to six. It is part of part of the company’s plan to widen the range of products and services available to customers […]

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Payday lender Wonga collapses into administration

Payday lender Wonga has put itself into administration after talks with the regulator failed to save the firm from the brink of collapse. Wonga raised £10m from shareholders four weeks ago but is still unable to meet outstanding compensation claims. A source told The Times yesterday that the FCA was in talks with Wonga, formerly […]

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White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.

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