M&G

Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.

This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.

M&G Prudential has announced it will rebrand and list its shares as M&G later this year.

The £30bn Brunel Pension Partnership has announced it will commit £340m to long-lease property funds for three of its 10 local authority partner funds.

Anne Richards, chief executive of M&G Investments, is to take up a role as chief executive of Fidelity International later this year.

Prudential is to separate M&G Prudential from the insurance business to create two separately-listed companies.

M&G Prudential has announced plans to terminate its contract with Capita for the administration of its UK life and assurance business.

West Yorkshire Pension Fund (WYPF) has teamed up with M&G Real Estate and an unnamed Asian investor to acquire a £105m building in Manchester.

Infrastructure can offer investors a broad opportunity set. Martin Lennon looks at how schemes can build a diversified portfolio to reduce risks and generate both yield and capital growth

Suspended trading on 4 July