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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.

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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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