Rating agencies in public brawl over scores for private credit
Spat stems from retracted study on grading of insurers’ portfolio holdings
Financial Times
Gen X hit by ‘perfect storm’ of financial worries
Only 28% of forgotten generation on track to meet pension goals
How to cash out a pension (and not get a massive tax bill)
With inheritance rules changing, people need to stagger drawdowns to minimise tax hit
The Fed’s not making a profit
In these unusual times, Congress and the White House should be clear what they plan to do about a loss
FCA bans third ex-Credit Suisse banker over ‘tuna bonds’ scandal
Detelina Subeva’s decision to keep $200,000 in tainted funds revealed lack of ‘ethical compass’, says regulator
The delusion of private equity IRRs
The dumbest PE performance metric still bamboozles some investors
Legal & General merges divisions and cuts jobs across asset management
Move comes amid FTSE 100 company’s wider restructuring in push to acquire more private assets
Should Rachel Reeves manage my money?
The chancellor’s got designs on our pension pots and she won’t stop there
JPMorgan’s Jamie Dimon to ‘deepen engagement’ with China
State media reports meeting between US investment bank chief and senior officials
David Cameron in talks to join law firm DLA Piper as consultant
Role would be one of several jobs for the former prime minister and foreign secretary since leaving office
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