Quilter has sold its heritage life and pensions devision, Old Mutual Wealth Life Assurance Ltd, to ReAssure for £425m.
Quilter said the sale, which had an "attractive valuation", would solidify its position as an advice-led and modern wealth manager. Quilter Life Assurance, a closed book of unit-linked policies, was...
The UK’s consumer prices index (CPI) has fallen to its lowest level since November 2016, according to the Office for National Statistics (ONS).
Most women are not saving enough for retirement and remain at risk of running out of money after they finish work, according to new analysis.
A third of female entrepreneurs in the UK are not saving any money towards their retirement, figures from Scottish Widows show.
This week’s top stories include SuperTrust UK’s exit from the master trust market, just one day before The Pensions Regulator announced all existing master trusts had been authorised.
The Bank of England’s monetary policy committee (MPC) has voted by a majority of 7-2 to maintain the interest rate at 0.75%.