Yields on UK gilts jumped in early trading as investors reacted to the threat of a possible downgrade of the UK's AAA rating.
By 08:55am, the yield on benchmark 10-year gilts was up 0.022% to 2.15% amid the latest threat to the UK's credit rating. The fall came after Moody's assigned the UK with a negative outlook, meaning...
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 capital backing.
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.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.