* Rivals say they will continue their ABI membership * Decision follows merger of ABI unit with IMA * L&G says large part of business falls outside ABI remit (Adds comment by analyst, background) By Nishant Kumar LONDON, Aug 13 (Reuters) - Legal & General Group Plc will
Read moreLONDON, Aug 13 (Reuters) - Life insurance and pensions company Legal & General Group Plc will quit trade body Association of British Insurers (ABI), a spokesman said on Wednesday without giving reasons for the decision. The 177-year-old company will release a statement later in the day givi
Read moreThe Bank of England will publish its latest quarterly outlook for the UK economy [Wednesday], with homeowners and savers alike looking for any indication of when interest rates may begin to rise. November this year or February 2015 remain the best guesses of economists with Britain's economic recove
Read moreRoyal Bank of Scotland on Tuesday handed 10 directors share allowances worth £3.5m under a new plan by the bank to work around strict rules on bonuses. The directors were given just under 1.02m shares, but sold around 0.48m to satisfy an associated tax liability, the bank said. The sales raised aro
Read moreAug 12 (Reuters) - Life insurance and pensions company Legal & General Group Plc will cut its ties with the Association of British Insurers, Sky News reported on Tuesday, citing sources. The 177-year-old company is expected to make a statement on Wednesday, Sky said. Although the reas
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