The management of LV= has been heavily criticised by MPs for failing to provide a clear and reliable picture of its capital position in light of its proposed sale to Bain Capital.
The firm's demutualisation has been the subject of an enquiry by the All-Party Parliamentary Group (APPG) for Mutuals. LV= had stated it needed a significant amount of investment to remain viable, but...
Joins from Aviva
40,000 new plans bought
Schemes that help savers with later life planning as part of a government trial will receive a £400,000 funding boost, the Department for Work and Pensions (DWP) has revealed.
PA's Good News Bulletin
Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'Lower than ever reward'