United Kingdom | 20 Jan 15
BNY Mellon launches multi-asset income fund
BNY Mellon Investment Management is to launch a multi-asset income fund as the firm seeks to capitalise on client demand stemming from the changing pensions landscape.
Aviva to cut 1500 jobs in Friends Life takeover
Aviva has said its £5.6bn takeover of Friends Life will lead to around 1500 job losses.
MnG launches Belgium retail offering
M&G Investments has opened its doors to the Belgium retail market as it aims to acquire 2bn (£1.5bn, $2.3bn) in assets under management in the region.
United Kingdom | 19 Jan 15
Tavistock Investments to buy Standard Financial
UK-based private investment firm Tavistock Investments is on the verge of buying Standard Financial Group, the parent company of adviser network Financial Ltd.
Tax & Technical | 19 Jan 15
Reviews into HMRC late payment penalties increase
HMRC has seen a rise in the number of reviews requested by taxpayers into decisions it has made on late filing and late payment penalties.