The six million-plus pensioners with final salary pensions should be given an option to convert only part of their pension into cash as opposed having to choose between all or nothing, a pensions expert has saidsaid.
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LEINSTER, IRELAND - Japanese conglomerate Sumitomo agreed Friday to swallow European banana king Fyffes for €751 million (�91.1 billion) in a takeover of one of Ireland's biggest companies.
FRANKFURT/LONDON, Dec 9 (Reuters) - The European Central Bank hopes its decision to confront struggling Italian bank Monte dei Paschi at last will draw a line under a multi-year crisis that has risked tarnishing its reputation as a credible supervisor.
LONDON - Britain's Financial Conduct Authority (FCA) has found some peer-to-peer (P2P) lending platforms are using customer money to buy loans on rival platforms, rather than fund loans over their own platforms.