Moneysupermarket.com Q1 Revenues Up 19%; To Pay Special Dividend In May

Moneysupermarket.com Group PLC (MONY.L) on Thursday reported first-quarter revenues of 104.9 million pounds, an increase of 19 percent from 88.3 million pounds in the prior-year quarter. Revenue growth was 12 percent, excluding Decision Technologies. The company noted that motor insurance benefited from improved conversion, but was partially offset by subdued trading in life insurance as competitors spent more on their […]

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Ivy League Inks Biggest Sponsorship in Conference’s History With TIAA

The Ivy League is taking another step deeper into the pool of commercial opportunities that are common elsewhere in college sports. The eight-school league, which includes Princeton, Harvard and Yale, has a new one-year partnership with money manager TIAA that is the most comprehensive sponsorship in league history, according to league Executive Director Robin Harris. TIAA will become the presenting […]

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Build A Wall Around Your Assets

The assets that you have worked long and hard to accumulate can be lost within a very short period if they are not properly protected and you are sued, you file for bankruptcy or you are otherwise subject to judgments proceedings. However, understanding that certain assets should be protected from being lost in such circumstances, lawmakers have passed acts under […]

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MassMutual Is Weighing Sale of OppenheimerFunds Division

Massachusetts Mutual Life Insurance Co. is weighing a sale of asset manager OppenheimerFunds Inc., which could fetch at least $5 billion, according to people familiar with the matter. The Springfield, Massachusetts-based insurer is working with advisers to evaluate a sale, a process that is at an early, informal stage, said the people, who asked not be identified because the matter […]

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Lump Sum Versus Regular Pension Payments

So you’re on the verge of retirement and you’re faced with a difficult choice regarding the defined-benefit pension plan you’re fortunate enough to have:  Should you accept the traditional, lifetime monthly payments or take a lump sum distribution? Understandably, you might be tempted to go with the lump sum. After all, it may be the largest single disbursement of money […]

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Global Business Helps BNP Paribas Weather Investment Bank Weakness

BNP Paribas, France’s largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading fall and domestic weakness. A surge in BNP’s international financial services business, including consumer lending, insurance and its U.S. bank BancWest, helped it recover from a weak first quarter when net profit plunged to 1.57 billion euros ($1.84 […]

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