Miners continue to lead the FTSE 100 into positive territory after rising copper prices led to a strong showing yesterday.
Prudential has agreed to buy AIG's Asian business for $35.5bn, which will be partially funded by a $20bn rights issue.
The marketing fraternity would have us believe senior citizens enjoy a Golden Age.
Earlier in 2009, some investors were being too gloomy. We remained constructive in the down-period when share price values fell to their lowest levels in several generations.
After unforeseen complications put the structured products sector on the ropes, eight retail providers have banded together proving the asset class was down but not out
Leading structured product providers and distributors have created the UK Structured Products Association in a bid to give a unified voice to an industry that has come under fire in recent years.
Sales of UK life and pensions have slumped across the board as consumers limit insurance and savings to focus dwindling disposable incomes on debt.
A healthy increase in enhanced annuity sales has been heralded as a sure sign of progress by the industry. Latest figures show Q2 sales were up 30% on last year and accounted for 17% of all annuities written
The FTSE 100 soared in early trading thanks in part to better-than-expected results from insurance giant Prudential.
Core strength of Prudential Group is its focus on top-down asset allocation, says Williams