NATIONWIDE Mutual Insurance Company has sold its Gartmore Investment Management subsidiary to private equity firm Hellman & Friedman.
H&F will become the major shareholders of Gartmore with completion anticipated in July subject to regulatory approval – ending month’s of speculation about the firm’s future. As a result of the transaction,...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.