Co-op Bank outsources £23bn mortgage book to Capita

Co-op Bank will see 660 staff transfer to Capita from its Leek and Plymouth offices.

SLI adds two hires to European equities team

Standard Life Investments has bolstered its European equities team with two hires.

Prudential sells 25% stake in PruProtect and PruHealth

Prudential confirms £155m sale of PruHealth and PruProtect to majority shareholder Discovery Group Europe.

FSCS Keydata legal battle set to proceed to trial

Court rules legal costs to be shared between all firms remaining in the litigation. 

Platforms: We must do more to help advisers on due diligence

Major platforms say they need to be more open and consistent in the information they give advisers. 

Labour makes fresh push to force annuitants to use independent broker

Labour still wants everyone to speak to an annuity broker despite new freedoms.

BoE holds base rate at 0.5 per cent

Benchmark interest rate held at 0.5 per cent for the 68th consecutive month.