Hints and tips:
...“I wouldn’t expect [the investigation] to have any direct impact on the with-profits funds,” said Tom McPhail, head of pensions research at Hargreaves Lansdown....
...Strangely, though, after the miner stepped away from the table, it was Tom Albanese, debt-laden Rio’s chief executive, who was left with indigestion....
...Clive Cowdery, the insurance entrepreneur, is seen as a potential acquirer, although his Resolution vehicle refused to comment....
...Pressure is building on the likes of Sir Fred Goodwin, chief executive of Royal Bank of Scotland, and chairman Sir Tom McKillop, as well as on Andy Hornby, chief executive of HBOS....
...Banks were led lower by Bradford & Bingley, which tumbled 20.9 per cent to 63¼p after Clive Cowdery withdrew his offer to inject £400m into the lender....
...That probably includes Mr Osmond’s business rival Clive Cowdery, Resolution’s founder and chairman who owns 3 per cent. Mr Osmond is unlikely to want to go down that route....
...His clients since then have included Resolution Life, the closed-life fund run by Clive Cowdery....
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