F&C Asset Management plans to acquire boutique fund group Thames River Capital in a deal worth up to £53.6m.
The board of F&C said it believes the acquisition represented "an attractive opportunity" to enhance its business and was consistent with its strategy of developing a multi-specialist asset manager both...
The Centre for Social Justice is calling for the state pension age to be raised to 70 by 2028 and to 75 by 2035, a much faster rise than currently planned.
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.