Aviva completes £600m share buy-back

Aviva has completed a share buy-back programme worth nearly £600m, the life company has said in an update published today. In spring the insurer said it was planning to buy back up to £600m of its own shares, in an effort to deploy £2bn of excess capital this year. At the time the provider said […]


FCA: Our job is not to please everyone on DB transfers

FCA policy director David Geale says the watchdog’s role is not to “please everyone” but to ensure consumers get suitable advice for defined benefit transfers. In its policy statement on transfers published today, the regulator stops short of a contingent charging ban and raises the qualification level for pension transfer specialists. The statement says opinions were […]

Investec reshuffles board ahead of asset management spin off

Investec chief executive Stephen Koseff and managing director Bernard Kantor have stepped down from their respective roles ahead of a proposed demerger of the company. According to a stock exchange notice Koseff and Kantor will continue to serve on the board as executive directors, where their main task will be assisting joint chief executives of the demerged […]

More investors join Unilever protest

Columbia Threadneedle has become the latest major shareholder to oppose consumer goods giant Unilever’s planned move to the Netherlands. The manager said it was prepared to vote against the firm’s proposals to become a single entity incorporated in the Netherlands, ending its joint Anglo-Dutch structure. Unilver is holding an extraordinary general meeting over the plans […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment