Here’s a company for once doing the right thing. Both Standard Life and Legal & General have flogged their ‘old style’ life assurance and pensions business to Reassure, a retirement home for many a brand you’ve once heard of, to focus on fancy modern investment platforms. Royal London have, very cleverly, gone the other way, and are ditching their not-so-fancy investment platform to concentrate on doing old-fashioned pension business properly. Good decision. I’d say.
“Amazon invades financial services with home insurance launch”
Amazon, like Musk, and Branson before them both, can afford to try lots of stuff and fail at some.