Industry
Insurance giant sells off several European operations for €830m
It wants to concentrate on countries and business lines where it can ‘create most value’
Insurance-backed DB pensions to ‘boost security’ for millions
Advice firm believes a third of UK retirees will have their pots insured by mid-2020s
Wealth manager buys advice firm for £7.8m
M&G and Polygon Partners commit to purchasing 6 million shares in £5.3m placing to fund the deal
Vanguard unveils drawdown option for Sipp clients
Service will have no additional charges
Standard Life Aberdeen to sell IFA platform
Newly appointed CEO looking to ‘simplify offering to financial advisers’