FRIENDS PROVIDENT could sell its 53pc stake in F&C Asset Management following a strategic review of its business.
The life and pensions firm’s firm said it wanted to focus on the UK group pensions and vesting annuity markets – and would enhance profitability by ceasing to pay initial commission on new schemes and...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.