CVC Capital Partners has decided not to make a counter-bid for Barclays Global Investors - a move which clears the way for the fund management firm's acquisition by BlackRock.
Barclays said it would ask shareholders to approve BlackRock's US$13.5bn (£8.15bn) cash and shares offer for BGI. CVC had offered in April $4.4bn for BGI's exchange traded fund business, iShares, but...
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.
This week's edition of Professional Pensions is out now