Mark Kleinman: Pay compass points towards a defiant City October 3, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles executive pay, Rightmove subs and firm YNAP window-shopping Pay compass points towards a defiant City Who says work doesn’t pay? That’s not been the case in the last [...]
World’s largest insurers head to court for high-stakes clash October 2, 2024 A multi-billion pound trial over stranded aircraft in Russia kicked off this morning in a jam-packed courtroom
Phoenix Group discontinues Sunlife sale as firm reports profit boost September 16, 2024 Sunlife is a major provider of financial protection products, including life insurance, directly to Britons aged over 50.
Terry Smith’s Fundsmith Equity escapes the doghouse, but £54bn still stuck in underperforming funds August 16, 2024 As many as 137 equity investment funds in the UK have been condemned to the ‘doghouse’ after consistently underperforming their market benchmark over the last three years. The report from Bestinvest, which identified the funds in the ‘doghouse’ due to persistent underperformance, found £53.4bn of investor cash stuck in funds that have consistently underperformed the [...]
Meet London’s top insurtech companies August 14, 2024 In the heart of London, where tradition meets innovation, insurtech is turning the City's financial pulse into a dynamic playground. Meet the City-based companies that were named top insurtechs, globally.
Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee August 2, 2024 French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.
People told us our idea wasn’t possible — so we set out to prove them wrong July 29, 2024 Ambition A.M. meets Thomas McHugh, co-founder and chief executive of data management firm Finbourne, to hear what it takes to prove an idea possible. Accurate data management is crucial for the financial services industry, especially when it comes to preventing fraud and avoiding costly errors. Thomas McHugh, chief executive and co-founder of data integration and [...]
New AXA – Global Healthcare report highlights alarming decline in mental health of global workforce July 4, 2024 In the wake of the Great Resignation, the global workforce faces a new challenge: the Great Escape. According to a new report by AXA – Global Healthcare, four in five (81%) non-native employees are contemplating at least one exit strategy from their current roles due to mental health struggles. This alarming statistic underscores a significant [...]
Phoenix Group to explore potential sale of Sunlife June 26, 2024 Phoenix Group, the UK’s largest long-term savings and retirement business, has revealed that it will explore a possible sale of its Sunlife business.
AXA hits ‘milestone’ in super green skyscraper project June 24, 2024 The property received planning permission last year but this appointment has been hailed as a ''significant milestone'' in the road map of a one-of-a-kind project.