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.
Fears that the Italian government will have to prop up Monte dei Paschi di Siena (MPS) are mounting after the European Central Bank refused to give the world's oldest bank more time to find major investors to back a €5bn (�4.2bn) cash injection ...
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.