F&C Asset Management is to demerge from Friends Provident on July 3 if Friends Provident shareholders approve the split in a vote on June 12. The demerger is also subject to F&Cs shareholders approving changes to its articles.
Canada Life will join Legal & General, Aviva and Prudential in offering postcode annuities by the fourth quarter.Canada Life and Aegon are the only major annuity providers not to price their annuities based on customers’ postcodes.Experts claim that given L&G, Aviva and Prudential control more than 40 per cent of the annuity market, Canada Life […]
As the title of this paper suggests, credit migration is probably worse than you think, but then not as bad as you fear. So how concerned should investors be about this phenomenon? Where should their focus lie? Natixis’ affiliate, Loomis Sayles & Company’s Director of Credit Research and Credit Strategist, Chris Gootkind, addresses this and […]
Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]