Old Mutual, the FTSE 100 savings and investment group, said it had agreed terms to sell the Finnish branch of Skandia Life Assurance Company to insurer OP-Pohjola osk.
The transaction is part of Old Mutual's plan to streamline its business, with net proceeds after tax going to reduce the group's debt.
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FCA reveals 'once in a generation' advice changes - what the reforms mean for youConsumers to get free access to financial advice type help for pensions and investment following proposed changes from the regulator
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Zoopla: House prices slows to 1.4% in May as rate of sales at four year highThe average UK property now costs £268,400, Zoopla says, but some areas of the country are experiencing much higher price growth than others.
