Prudential has been fined £30m by the City watchdog while its chief executive Tidjane Thiam has been officially censured, following the failed AIA deal in 2010.
The Financial Services Authority said Prudential had failed to inform the regulator at the appropriate time that it was seeking to acquire AIA, the Asian subsidiary of AIG, in early 2010. The FSA said...
The Department for Work and Pensions (DWP) has called on The Pensions Regulator (TPR) to deepen its research on its planned regulatory approach to tackling climate-related risks and how it would manage any opportunities from climate change.
The transition from RPI to CPIH could have a significant impact on pension funds. However, as Con Keating says, the real challenges of this shift may come from an unexpected area.
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
As both the APPT and PMI launch accreditation regimes for professional trustees, Henry Tapper asks if you are a Betamax or VHS Trustee?
Levels of inflation hedging remain strong despite there being no clarity on the outcomes of potential retail price index (RPI) reform, BMO Global Asset Management says.