Managers of Wealth Europe

Comment, Analysis & Research

Credit Where Credit Is Due by Brown Shipley

We’re positive on riskier credit markets with overweight allocations to euro high yield and emerging market sovereign hard currency bonds.

Comment, Analysis & Research

How to ensure you don’t leave your family with an avoidable IHT bill

Comment, Analysis & Research

The Elephant In The Room: Fidelity 2021 Outlook Series

Comment, Analysis & Research

Only 4% made the most of lockdown falls in markets by investing more

Wealth and Asset Management

Philanthropy: give better, not just more by St. James’s Place

Wealth and Asset Management

St. James’s Place opens new office

Schroders joins the global Valuable 500 Initiative

Quilter dismisses deferred payment delay reports

Union Bancaire Privée holds first close of UBP Private Debt Fund III

Arete launches Northern multi-family investment office

Raymond James opens East London branch for Killik director

Executive Moves

UBS appoints president of Swiss unit

Clunie to exit Jupiter in multi-asset shake up

Sabadell eyes more job cuts, alliances after BBVA deal collapses

Asset Management One International names CIO

Northern Trust Hires Head of Fiduciary for its Global Family Office and Private Investment Office Group

New UK Chief Executive Officer for Wealth Management Business and appointment to UK subsidiaries

Legal, Regulation & Compliance

Pope Francis’s Plan to Fix the Vatican’s Finances Meets Internal Resistance

Call for probe into 'missing' £50bn of UK cash

Calls for clarity as advisers escape EU’s ESG suitability rules

GFSC introduces ‘fast track’ pre-authorisation for insurance cells

The case for a European banking charter

FCA publishes evaluation of rent-to-own price cap

FinTech

Dutch competition watchdog calls for tighter EU rules to rein in Big Tech role in payments

Belgian banks enlist Auriga for shared ATM network

AutoRek recognised as one of the world’s most innovative RegTech companies

Objectway speeds up compliance for investment firms with holistic approach to Senior Managers and Certification Regime (SM&CR)

FCA: Robo advice assets up 700% in three years

Finland's ReceiptHero snags €2 million in seed funding

Alternative Investments

2021 investment management outlook - Transforming to thrive

Industry must tame the private markets’ Wild West

Bill Ackman’s Pershing Square promoted to UK’s FTSE 100

Vanguard to close European active ETF range

Willis Owen reveals the best and worst sectors and funds in 2020

Super-prime London real estate – has there been a better time to buy than now?

Investment Banking

JPMorgan's salary freeze will be repeated elsewhere

Davr Bank joins EBRD’s Women in Business programme

Natwest, Santander to sell more shares in Saudi British Bank -document

JPMorgan Chase and Lloyds are each considering acquiring Starling

ABN Amro to cut about 2,800 jobs as investment bank shrinks

Spain’s BBVA and Sabadell scrap merger talks

Comment, Analysis & Research

Credit Where Credit Is Due by Brown Shipley

How to ensure you don’t leave your family with an avoidable IHT bill

UK business confidence rises despite November lockdown

Just 8% of Brits received financial advice

Where high net worth buyers can grab a discount in London

Ireland's foreign investment regime

Tax

OECD tax revenues fall slightly before the COVID-19 pandemic

German Tax Circular Has Wide-Ranging Implications for IP Transactions and M&A

Quilter latest to scrap VAT from managed portfolio service

Will ISA savers change their habits in the face of potential tax rises?

Weekly Tax Brief - 1 December 2020

Dutch MPs launch campaign to challenge FATCA rules

Retail Banking

The Bank of New York Mellon opens a new branch in Denmark

Piraeus Bank profit drops on higher loan-loss provisions

Lloyds to close 56 branches

Spain's BBVA to sell US banking arm to PNC for US$11.6 billion

John Lewis and Lloyds cut 2,570 jobs in business shake-ups

Lloyds Bank to axe more than 1,000 jobs to simplify restructure

Pensions

GMP Equalisation: Duty Does Extend to BPast Transfers

Big jump in pension savers accessing pots after pressing pause in the first lockdown

Bartholomew Hawkins enters liquidation

Expats to be hit with additional pension access charges post-Brexit

Life company pensions more expensive than platforms

How can we narrow the ethnicity pension gap? by St. James's Place

Brexit

Covid-19 may have taken the sting out of a potential no-deal Brexit tale

Key points to help prepare your pension scheme for the end of the transition period

City of London makes late scramble to limit Brexit disruption

MPs launch inquiry into future of UK financial regulation

Brexit: How are advisers preparing clients?

UK Consults on Post-Brexit Regulatory Framework for Financial Services

Planet SOS

Aviva Investors expands multi-asset range with five 'ESG-optimised' launches

Phoenix Group sets 2025 net-zero commitment

RBS International provides funding for energy transition infrastructure

Battle to lead the green revolution standards falls to the UK and USA as EU risks falling behind

Sustainable allocations to double in next five years, finds BlackRock

How to integrate ESG in investment advisory

Covid-19

UK adviser dies after becoming ‘hidden victim’ of covid

Test to Release: England introduces testing strategy for international arrivals

Financial Regulation Update

Go-between paid £21m in taxpayer funds for NHS PPE

Covid-19: FCA confirms support for certain mortgage borrowers

The Single Family Office behind the Covid-19 Vaccine