Souter Investments - the asset management vehicle of Stagecoach founder Brian Souter - has sold Mobius Life to Phoenix Equity Partners.
Phoenix will take its stake in the institutional platform provider alongside the firm's current management team, led by Mobius Life chief executive Adrian Swales. The terms of the deal have not been...
Independent investment manager Invesco will launch two Luxembourg-domiciled buy and maintain funds at UK defined benefit (DB) schemes.
Phoenix Group has reported a £36m increase in group operating profit in the first six months of this year, as well as strong cash generation of £433m.
Aviva’s operating profit fell by 11% in the first half of the year as Covid-19 hit business activity, although a growth in bulk annuity sales partially offset the drop.
Coronavirus Blog: Scottish Widows extends easing of annuities applications; How to build cashflow strategies amid the pandemic
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....