Long-term funds domiciled in Europe had their worst year in 2022 in term of flows since 2008, shedding €130bn (£114bn).

British workers are saving less for retirement than European counterparts with a third saying they cannot afford to put more into pension savings, according to new research.

Insurance firm Phoenix Group is in discussions to sell its European business to European Life Group Holding.

A new report has revealed the best countries in Europe for retirees.