Friends Provident has issued a circular to shareholders proposing the de-merger of F&C Asset Management from the main group, seeking a vote by 12 June.
If successful, the de-merger will conclude on 3 July, and will see Friends' stake in F&C redistributed among its existing shareholders. F&C will be holding an extensive roadshow throughout June to meet...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.