PwC: Asset management costs to drop 20% by 2025

The past five years were a golden period for large asset managers, PwC said, as margins rose by almost 16% and costs fell almost 16% relative to an income decline of almost 10%.


Legal & General launches income protection online hub

Craig Brown, director of Legal and General Intermediary said that while critical illness cover and life insurance were often the first protection solutions, for many customers IP could play an equally important role.


Lloyd’s opens Brussels office

The company is established and operational with 50 staff based in the Belgian capital as well as 45 other staff across the continent.