LONDON Britain's financial markets regulator said on Tuesday it had ended its investigation into Scottish Widows, as part of a thematic review into the fair treatment of longstanding customers in the life insurance sector.
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LONDON Standard Life Aberdeen plans to return as much as 1.75 billion pounds to its shareholders in the wake of the sale of its insurance business to Phoenix Group .
LONDON The U.S. Federal Reserve and Bank of England on Thursday urged global financial markets to step up efforts to shift from the scandal-plagued Libor reference rate to alternative interest rate benchmarks.
LONDON Automated financial advisers must provide more clarity on their fees and gather more information on a customer's financial circumstances to ensure they receive the appropriate service, Britain's markets regulator said on Monday.
LONDON The World Gold Council, owner of the world's largest gold-backed exchange traded fund (ETF), is launching a new fund with a cut-price management fee to fend off rivals with lower charges, a source familiar with the matter told Reuters.
LONDON The Bank of England bolstered expectations that at its next meeting it will raise rates for only the second time in a decade, after its chief economist unexpectedly joined the minority of policymakers voting for a hike on Thursday. | Video