Britain's ageing population and changes to workplace pensions proved lucrative for Resolution during the first half of the year.
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Julian Knight: The danger of driving the Bank of Mum and Dad and the Building Society of Gran and Grandad to the wall
Sunday 10 April 2011
You've no doubt heard of the bank of mum and dad but what about the building society of granny and grandad?
Sunday 06 March 2011
Thursday 24 February 2011
Resolution, the life assurance investment vehicle controlled by Clive Cowdery, has halted its acquisition programme after revealing it is "confident" of meeting its targets on returns without the need to go shopping again.
Wednesday 26 January 2011
Wednesday 26 January 2011
So he's been kicked upstairs?
Friday 21 January 2011
Derbyshire have signed Usman Khawaja, who made his Australia debut in the Ashes, for the forthcoming season. The 24-year-old will be available from the beginning of the campaign through to the conclusion of the Friends Provident T20 competition.
Friday 07 January 2011
F&C Management yesterday launched a staunch defence of its business against the American activist investors it said were attempting to seize control of the fund management company on the cheap.
Friday 17 December 2010
Scottish Equitable, the UK arm of Dutch insurer Aegon, was yesterday handed a Christmas to forget by the Financial Services Authority (FSA) which hit the company with a £2.8m fine and ordered it to pay £60m in redress to customers for "causing significant consumer detriment" through sloppy administration.
Friday 10 December 2010
We're not saying that people in the City are heartless, but you can't help raising an eyebrow at the results of a survey published yesterday by the Chartered Institute for Securities and Investment.
Friday 12 November 2010
Outlook There has been a sudden change of tack from John Tiner, chief executive of Resolution. Since this endeavour first floated two years ago next month, its ambition has been to build a portfolio of British life insurance businesses worth £10bn. Having got almost two-thirds of the way with the acquisitions of Friends Provident and the UK life business of Axa, a third big buy has been promised and is keenly awaited. Yesterday, however, Mr Tiner said the company might now opt for a series of smaller deals to achieve its goals and that another big takeover was not inevitable.
Sunday 17 October 2010
In the week that saw students facing up to a grim future of higher tuition fees, a report from the pensions provider Friends Provident reveals that parents are increasingly looking to pass on their wealth to their children when they are alive rather than after death.
Saturday 16 October 2010
Resolution, the Guernsey-based company that wants to create a British "super-insurer", added another string to its bow yesterday with the purchase of Bupa's income protection, life assurance and critical illness cover business for £165m.
Wednesday 29 September 2010
Irn-Bru maker A G Barr reported a 19 per cent jump in profits yesterday as consumers in England and Wales got a taste for "Scotland's other national drink".
Sunday 26 September 2010
Saturday 18 September 2010
Marcus Trescothick and his Somerset side have had little more than 24 hours to digest their second major disappointment of the season but the former England opener is sure they will be ready for their final chance of silverware at Lord's today.
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