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L&G pays 139m in compensation

Legal & General has paid out 139m to settle pension and endowment misselling compensation claims. The figure includes the cost of its pension and endowment sales reviews and related admin costs.


Equitable Life vs Ernst & Young court case starts today

Equitable Life today begins court proceedings against its former auditor Ernst & Young and 15 of its own former directors, in one of the biggest lawsuits of its kind.The UKs oldest mutual is suing E&Y for 2.05bn for negligence, reduced from 2.6bn when the courts reduced part of the claim last year.The trial could cost […]

Strategic Bond Fund from Artemis

Artemis is launching a strategic bond fund in the second quarter of this year. The fund will be run by James Foster and Alex Ralph, who join Artemis this month from Isis.


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