As Prudential announces the next stage in its evolution by merging with asset manager M&G, Money Marketing looks back at the history of one of the biggest names in the life and pensions market
Pru is also looking to sell part of its £45bn annuity book, with likely bidders including Rothesay Life, Legal & General and Aviva
M&G, which has long featured on Spot the Dog report which names and shames underachieving investment funds, has been removed from the list. However Aberdeen Asset Management remains a prominent giant within the list. Schroders has the most assets represented in the list, through the inclusion of one major fund, the £1.2bn UK Mid 250 […]
Administration issues hit new Retirement Account after unexpectedly high demand
Peter Coleman ran Positive Solutions for three years until the advice firm was acquired by Old Mutual Wealth
Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.
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Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]