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US insurer pays £1bn for Gartmore

Ohio-based insurer Nationwide Mutual has outbid CGU to buy fund manager Gartmore. It has agreed to ...

Ohio-based insurer Nationwide Mutual has outbid CGU to buy fund manager Gartmore.
It has agreed to pay £1bn in cash for the investment manager.
CGU had widely been expected to win the auction with a

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Curious case of Aon’s co-CEOs as Page and Kielty exit

Content Director’s View: The appointment of co-CEOs at Aon following Jane Kielty and Julie Page stepping down reignited a familiar debate – is joint leadership ever a good idea? Jonathan Swift examines whether the sceptical reaction was justified.

Fair value rules still fail brokers and consumers alike

Four-and-a-half years after the Financial Conduct Authority’s fair value rules arrived, Branko Bjelobaba, principal of compliance consultancy Branko Ltd, argues inconsistent data and vague metrics still make it difficult for brokers and consumers to compare insurance products properly.

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