M&G has seen net outflows of £631m from its institutional business in the first quarter of the year but large inflows on the retail side helped it grow total funds under management to more than £200bn.
The first quarter results of parent company Prudential revealed a revealed a 272% drop in in inflows for the investment manager compared to the first quarter of 2011, but said this was expected. The...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point