LONDON, Feb 27 (Reuters) - Britain's financial watchdog published rules on Friday covering the sale of pensions ahead of big changes in the industry due to come into effect in April. The shake-up, first announced by the government in March last year, will give pensioners the freedom to spen
Read moreLONDON, Feb 26 (Reuters) - Insurer Legal & General said on Thursday it made an initial 25 million pound ($38.81 million) investment in the UK private rental market, and could invest up to 1 billion pounds in the sector. L&G said the first investment, through its Legal & General Capital uni
Read more(Adds new consultations from regulators; background) By Huw Jones LONDON, Feb 23 (Reuters) - It has been decided that new rules making senior bankers in Britain more accountable for their actions will not now apply to non-executive directors who don't have specific duties such as scru
Read moreLONDON, Feb 23 (Reuters) - Chairmen and non-executive directors of insurance companies will be included in Britain's new regime to make top financial officials accountable for their actions, the Bank of England announced on Monday. Britain is finalising a new Senior Persons Regime to make i
Read moreLONDON, Feb 20 (Reuters) - British insurer Legal & General and fund manager Schroders on Friday said they had agreed to redevelop the Northern Retail Quarter in British town Bracknell in a deal worth 200 million pounds ($307.54 million). The 50/50 joint venture would begin construction in
Read more* Group pensions business up 83 pct to 2.2 bln pounds * Continuing new life and pensions sales up 39 pct to 4.8 bln * Asset management net new external business sales 2 bln stg (Recasts with pension reform comments, adds background) By Simon Jessop and Carolyn Cohn LONDO
Read more