UK-listed banking giant Standard Chartered saw its shares fall more than 7% at one stage in Hong Kong this morning as it faces allegations of assisting in a $250bn money laundering scheme.
Standard Chartered - a key holding for many UK investors, particularly income funds - is accused of enabling Iranian banks and corporations to hide roughly 60,000 transactions worth at least $250bn within...
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.