Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
@The last election was crucial regards leaving/not leaving the EU. Why didn't you vote?@
Because most people who worked in europe or other countries and had been out of the country for a number of years did not get a vote ...if they had I suspect the result would have been the other way !!
+SPKS
Who did you vote for at the last election?+
The last time I voted in a uk election I voted conservative and like most expats we were not given a vote re brexit even though it affected expats more than other UK citizens ....and for your info apart from voting liberal one time I have always voted conservative. I would have voted conservative to keep corbyn out but would seriously have regretted it by now
+A 20 second scroll through your posts reveal a Brexit hating expat living in Spain. Who else would you vote for but labour?+
Dont live in spain have been back in uk for a year having retired last year , I have never voted labour before as I said and one thing you got right is I did not agree with Brexit.....clearly you are a person who dislikes expats
Following this week at the enquiry I will vote labour for the first time ever as they promise to investigate and get back monies from dodgy ppe contracts and I guess a lot of these will lead us back to the current tory contingent and those who were involved but now scurried away
Lloyds Said to Explore Sale of Scottish Widows Bulk Annuities
Jan-Henrik Förster and Aisha S Gani, Bloomberg News
(Bloomberg) -- Lloyds Banking Group Plc is working with investment banking advisers on the sale of some assets from its pension provider Scottish Widows, according to people familiar with the matter.
The British bank, which is being advised by Fenchurch Advisory Partners and Morgan Stanley, is exploring a sale of a £6 billion ($7.3 billion) portfolio of bulk annuities, the people said.
Bulk annuities are insurance policies brought by pension plans to offload the long-term risks of their defined-benefit pensioners. Such deals have become more attractive this year as rising gilt yields improved pensions’ funding positions.
Spokespeople for Lloyds, Fenchurch and Morgan Stanley declined to comment.
Scottish Widows has grown rapidly in the space since it entered the market in 2015. Still, with a market share of about 4% it lacks scale in comparison to Legal & General Group Plc and Pension Insurance Corp., which each control about a quarter of the market.
Any disposal would help the Lloyds arm focus on core areas like workplace and individual pensions, in line with the strategy of Chief Executive Officer Charlie Nunn to focus on growth in areas like wealth since taking over in 2021.
Scottish Widows has been part of Lloyds since 2000, though the business traces its roots back to 1815, when it sold policies to take care of women and children who lost their fathers, brothers and husbands in the Napoleonic Wars. Today it has 6 million customers.
This share still figures in my share account at the suspended price , anyone know if this is the case with their shares? I thought by now they would have disappeared or revalued to zilch....