M&G

The Prudential Staff Pension Scheme has entered into a £3.7bn longevity swap with Pacific Life Re, insuring the longevity risk of over 20,000 pensioners.

A record-breaking 150 ‘dog’ funds have been identified in the latest bi-annual Bestinvest Spot the Dog report, with total assets of £54.4bn sitting in these vehicles.

Covid-19 has demonstrated how crucial it is for pension schemes to enter into economic crises in a position to react to opportunities with short-term windows, says David Lloyd.

In the run-up to Incisive Media’s Women in Investment Festival on 3 March, Laura Miller gets under the bonnet of how common imposter syndrome is, and the tangible impact it can have on financial services firms.

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.