08/10/2022
Aviva plc 2022 interim results announcement
Confident outlook for 2022 despite challenging market backdrop
Alternative Investments
08/09/2022
Canada Life boss on modernising insurer's adviser ties
Last year, the business generated £4.5bn in sales and £276mn in profit.
08/09/2022
Mercer administration under fire from advisers
Liversidge alleged that clients are “fed up” with them, as are advisers, because they absorb the additional admin costs that Mercer generates.
08/09/2022
Vanguard replaces manager on UK active fund
As part of this review process, the company said changes to the advisory structure would be best for current and future shareholders of the fund.
08/09/2022
Market conditions hamper Abrdn’s revenue growth targets
Net outflows were £35.9bn, which the group said largely reflected the final tranche withdrawal from Lloyds Bank Group of £24.4bn.
08/09/2022
Scottish business leaders back youngsters ahead of results day
Letter to students is signed by leaders of the Scottish Retail Consortium, Scottish Chambers of Commerce and the CBI
08/09/2022
Munich Re posts solid quarterly result
Gross premiums written saw a considerable rise year on year, by 8.3% to €15,850m (14,642m) in Q2, and by 12.0% to €32,683m (29,193m) in Q1–2 – in both cases driven by strong organic growth, especially in property-casualty reinsurance
08/09/2022
L&G equity release advances fall 18% as it refuses to lower price
Advances are the initial money L&G lends as well as the top-ups clients drawdown over time.
08/09/2022
Baillie Gifford US Growth returns drop over 45% but maintains strategy conviction
Discount at 12% from a premium in 2021
08/09/2022
Standard Life completes WH Smith Pension Trust full buy in
This bulk purchase annuity arrangement completed in August and secures the benefits of all members of the Trust.
08/08/2022
Over 1 in 10 UK households have nothing left to cut back on in the face of further energy price rises, L&G finds
The private sector has a crucial role to play in levelling up by investing in new homes, high wage employment, through skills training and green energy initiatives.
08/08/2022
Truss hints at doctors’ pension fix
It has called for the introduction of late retirement factors into the 1995 scheme, for amendments to the Finance Act, and for the creation of a tax-unregistered scheme like that introduced to tackle staff retention problems in the judiciary.
08/08/2022
Scottish business activity growth weakens to a 17-month low in July
Output expands fractionally amid renewed drop in sales, while price pressures cool as the weather warms
08/05/2022
Macquarie Asset Management agrees to acquire Polish last-mile logistics facility
The complex is fully-leased to seven local and international tenants and has been awarded a ‘Very Good’ rating under BREEAM’s sustainable building certification scheme.
08/05/2022
UK hiring slowing down as recession looms
The bank raised interest rates from 1.25% to 1.75%, in a bid to curb soaring prices.
08/05/2022
Hargreaves Lansdown shares hit 2.5 month high on profit beat
Hargreaves shares rose as much as 5.07% by 0749 GMT, putting it at the top of the FTSE 100 index.
08/05/2022
Baillie Gifford puts one fund on watchlist amid tough start to 2022
The index returned 4.7 per cent over the period, and the company’s target for the fund was 6.8 per cent.
08/05/2022
Royal London profits slump due to market volatility
Royal London said this was down to increased pensions market activity and its long-term savings and investment offerings.
08/04/2022
TPR unveils scam-busting plan amid cost of living crisis
“We expect industry to lead the way in thinking of innovative ways to protect savers now and in the future,” she added.
08/04/2022
Swiss Re launches new insurance-linked investment advisory business
The company offers investment management services to qualified institutional investors, with a particular focus on catastrophe bonds.