Prudential’s biggest shareholder Capital Group, which owns a 12 per cent stake, is reportedly looking to scupper the £23.5bn acquisition of AIA by seeking a break-up of the insurer.
Conservative Shadow pensions minister Nigel Waterson says the Tories’ plans would reinvigorate a savings culture.
Aviva Investors has added to its absolute return range with a global convertibles fund, seeking 10 per cent gross performance a year via long and short positions.
FSA guidelines for wraps will not hit advisers that put client needs first but they need the appliance of science for portfolio design or the wrap will add no value
Resolution has appointed Tim Wade as an independent non-executive director.
New research has revealed that the highest percentage of opt-out rates in auto-enrolment is made up of 22- to 30-year-olds (28.49 per cent of 2,102 people surveyed, who chose to opt out of schemes, were in this age bracket).
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