Resolution has cancelled an intended £250m payout to shareholders after reconsidering the expected capital requirements of Friends Life.
Almost 11 million Brits will not have adequate incomes in retirement, Department for Work and Pensions Research shows.
Regulators have turned their attention to at least four of Europe's largest banks in a continued investigation of manipulation of the LIBOR benchmark.
Labour had a field day with the LIBOR scandal. Coming after four years of simmering public resentment against the financial sector, the scandal involving bankers manipulating rates at the expense of ordinary people could not be easier to capitalise on....
Labour party proposals to insist all UK pension schemes appoint trustees have been branded as "muddled".
Ian Gordon explains how ‘loss of chance' cases allow negligence claims another bite of the cherry.
With economic bad news set to continue for UK plc, Andrew Short looks at how businesses can restructure to defend themselves from defaults, debts, and insolvency.
Ivan Petej looks at how dynamic currency hedging can enhance an overall portfolio return.