Companies
Lincoln Private Investment launch
The firm facilitates discretionary management of family wealth and private banking, alongside offering a stockbroking service, and has been running real money since 1 July
Lessons to be learnt from LandGs pensions pilot
A pilot scheme for pensions guidance introduced by Legal & General saw only 2.5% of retirees take up the offer, but the firm has said there are lessons to be learnt from the pilot.
Aviva in talks to buy Friends Life
Aviva is in talks to buy Friends Life in a deal which would make the combined group one of the largest savings and investment groups in the UK.
Invesco launches global income fund
A global income fund has been launched by Invesco Perpetual which will invest in a combination of investment grade and non-investment grade debt to provide income and capital growth over a rolling five year period.
RBS fined 56m over IT failures
Regulators in the UK have fined Royal Bank of Scotland £56m for IT failures which meant customers of three of the groups banks were unable to access banking services.