LONDON (Reuters) - Britain's Lloyds Banking Group (LLOY.L) said it would not cancel its preference shares following investor complaints about the possibility after insurer Aviva (AV.L) abandoned its ...

The U.K. Financial Conduct Authority has published a "Dear CEO" letter to the Chief Executive Officers of U.K. listed companies on capital instruments expressed to be perpetual, irredeemable or in ...

On 8 March, insurance firm Aviva detonated a landmine under the preference-share market destroying value for its own preference shareholders and causing widespread collateral damage for other issues.

LONDON (Reuters) - Britain's financial regulator on Thursday published a letter to issuers of listed irredeemable preference shares, urging them to ensure their investors have all information ...

Last week, insurer Aviva ditched plans to cancel its £450m-worth of high-yielding preference shares ("prefs", as they're also known, pay a fixed dividend, which must be paid before any dividends can ...