Prudential

Members of the executive committee at the Financial Conduct Authority (FCA) stand to lose their bonuses over the blunder that caused a collapse in prices of large insurance companies, according to reports.

M&G reported a net outflow of more than £1bn in the UK during the first nine months of the year, although this was offset by strong sales in Continental Europe, the group said.

Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.

'There could be disasters in the D2C space'

The Big Question: What are the best alternative investment opportunities today?

John Betteridge, the former chief investment officer of Prudential's UK insurance division, has joined Rowan Dartington to head its asset allocation team.

An industry's obsession with short-termism

Prudential is planning to move into the platform space as part of a drive to diversify its business, the company has told analysts.

Newly-created position

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