The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.
IMA chief executive Daniel Godfrey (pictured) will head the new organisation, the name of which has yet to be decided, with around twelve ABI employees moving across, according to Sky News. A new chairman...
Jonathan Stapleton explains his fascination with numbers...
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
This week’s top stories included KPMG selling its UK pensions practice to private equity-backed firm NewCo.
KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.