Market turmoil set to spark bout of consolidation; Enhanced annuities top £1bn; Two new asset classes for the armoury; Struggling Friends puts the final touches to strategy
Market turmoil set to spark bout of consolidation Financial Times (FTfm p1) The ongoing market turmoil will lead to a fresh bout of consolidation in the asset management industry as opportunistic buyers...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point