UK - Equitable Life is to appeal against the High Court's decision to throw out two of its lost sales claims against its former auditor, Ernst & Young.
The beleaguered insurer suffered a massive setback last month in its battle to claim £2.6bn in damages from E&Y when Mr Justice Langley threw out two of the claims.
The judge said the third – that Equitable had made bonus payouts to its directors based on misleading information from E&Y – had so many flaws it needed to be resubmitted.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point