Industry

Prudential's top executives are in the firing line at the company's AGM today as they face down shareholders angry over the insurer's failed bid for Asian insurer AIA.

Skandia is to launch a range of 20 single manager funds, giving retail investors first-time access to a line-up of global institutional managers.

SMALL AND MID CAP

RISK MANAGEMENT

Empire building can be a fine pursuit and is the reason why some of the world's great companies are the money-making, dividend-paying growth vehicles they are today.

George Osborne is preparing to unveil a range of key-opt outs to CGT rises, including for Britons approaching retirement, as opposition grows against a blanket tax hike.

Financial services PR firm Broadgate Mainland has announced the death of Neil Mainland yesterday evening, following a long battle against cancer.

Legal & General (L&G) group chief executive Tim Breedon will take over as chairman of the ABI in July.

Prudential's efforts to persuade shareholders to back its $35.5bn takeover of AIA, the Asian business of AIG, have been dealt a blow after an influential voting adviser to investors told its clients to vote against the deal.

George Osborne's hopes of a "Tell Sid" style privatisation of RBS and Lloyds Banking Group have been dashed by the government's pledge to launch a year-long investigation into splitting up the banks.