AXA, THE FRENCH insurance giant, is understood to be in talks to buy Thinc Destini, the fast-growing financial advice group, for around £170m.
STANDARD LIFE'S successful first day of trading on the London Stock Exchange takes top billing today.
Ratings agency Standard & Poor's has given Standard Life Assurance Ltd a long-term ‘A' credit rating, and its parent plc a ‘BBB+' rating.
THE SCOTSMAN claims the new money being raised through Standard Life's flotation today is unlikely to give it any significant commercial edge.
Standard Life has already seen gains on its share value since entering the FTSE 100 index this morning but elsewhere trading is down as oil stocks are seeing values reverse last week's gains.
Standard Life has set the offer price of its flotation at 230p per share.
Standard Life has added a retirement calculator to its website to help people plan how much they need to save.
The latest consultation on the best way to calculate pension transfer values has been issued by the Government.
THIS MORNING'S papers all mention the criticism aimed at the Chancellor by the head of the Bank of England.
A BIG disappointment looms for 2.4m with-profits policyholders in Standard Life when the company floats on 10 July, the Scotsman claims this morning.