Aviva has proposed to buy rival insurer Friends Life in a deal worth £5.6bn which will see the companies merge.
Aviva said it had reached agreement on key financial terms, adding the combined businesses would create the “UK’s leading insurance, savings and asset management business”. It also said the deal would...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.