Standard Life

Standard Life and Swiss Re are reportedly set to launch a 730p to 740p per share bid for Resolution.

Standard Life has appointed Stephen Ingledew as distribution strategy director.

Resolution chief Clive Cowdery says only a "compelling offer" from one of its rivals would distract the company from completing its merger with Friends Provident.

Resolution rivals Pearl and Standard Life were told today: Make a firm offer by 5pm on 25 October or walk away.

Standard Life and Swiss Re are reportedly closing in on a 750p a share joint offer for Resolution.

The Government's decision to stop the progress of hybrid annuity products "lacks foresight", says Standard Life.

Resolution and Friends Provident have released the final merger details to the stock exchange this morning, paving the way for a counter move from Pearl and Standard Life.

Employer contributions to personal pensions have grown faster than payments made to occupational schemes over the last five years, according to figures from Her Majesty's Revenue and Customs (HMRC).

Standard Life has added the PSigma Income fund to its mutual funds platform, FundZone.

Standard Life has called on the Government to confirm IFAs can ignore the FSA's conduct of business rules and their clients' circumstances when making pension recommendations.