UK - Standard Life's funds under management rose £3.3bn to £86.6bn in the six months to May this year.
But it revealed that worldwide new business on an annual premium equivalent had fallen by 25% on last year to £691m.
It also claimed to take 10.9% of the life and pensions market share in the first quarter of this year – and 15.2% of the IFA market.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.