03/15/2016
Standard Life aquires IFA
Spiralling costs prompt sale
Wealth and Asset Management
03/14/2016
Persistent volatility in February and the origin of the word 'dovish' by Penny Lovell
“Markets love volatility” Christine Lagarde, first woman elected to head the International Monetary Fund
03/14/2016
Technology and the consumer by Ben, 7IM
There are though a few topics we have investigated around the desk which, whilst maybe not directly impacting portfolios, are probably worth sharing.
03/14/2016
Chinese drawn to investor visa scheme
In the first three years of the scheme, there were 55 applicants, mostly from China, but applicants also came from Russia, the Middle East and the US.
03/14/2016
RBS cuts face-to-face service and brings in ‘robo-advisers’
The move soon comes after RBS, which is 73 per cent owned by government, posted its eighth successive net annual loss, dealing a blow to government plans to sell off the bank.
03/14/2016
Private bank giant buys majority stake in wealth manager
The remaining stake will continue to be held by the firm’s executive partners.
03/14/2016
NEWS ANALYSIS: No sacred cows as Old Mutual splits structure
This reflects how financial services have changed since 1999, when Old Mutual demutualised, moving its head office to London and locating its primary listing there.
03/14/2016
Fund manager migration to Jersey highlighted as exciting trend at annual conference
Shifts in regulation and changes in attitudes towards reputation are prompting a rise in the inward migration of alternative fund managers to Jersey, delegates at a major annual funds conference have heard.
03/11/2016
Hawksford shortlisted twice in Citywealth’s Magic Circle Awards
The winners will be announced at a ceremony hosted by comedian Rory Bremner in London on 12th May.
03/11/2016
JTC Malta awarded trustee licence
Having been granted Company Service Provider registration by the regulator early last year, this second licence for JTC Malta means that it is now authorised to provide and perform a wider range of services and reflects Malta’s position as a growing
03/11/2016
Old Mutual confirms separation of wealth arm
Old Mutual Wealth increased funds under management by 27% to £104.4 billion, according to its full year results to the end of 2015.
03/11/2016
Wealth management group to float on Aim market
It said most of the proceeds will be used to fund further acquisitions and for small infrastructure costs.
03/11/2016
Asset Risk Consultants signs Smith & Williamson Ireland
The Private Client Indices are a peer group comparison tool designed to provide insight in to the actual returns generated by private client investment managers.
03/09/2016
Capgemini Brings the Power of Salesforce Financial Services Cloud to Wealth Management Clients Worldwide
New cloud-based Financial Services offering provides fully integrated capabilities for improving wealth manager productivity and firm-wide agility
03/09/2016
St. James’s Place – The UK pension savings rate remains a major structural weakness
Despite George Osborne reportedly postponing pension tax reforms at the forthcoming Budget, the UK pension savings rate remains a major structural weakness and commentators believe individuals can ill-afford to pass up the tax-efficient savings opportunit
03/09/2016
When choosing a wealth manager, the personal touch is best
When Google’s European chief Matt Brittin was being grilled by politicians in London last month over the search engine giant’s tax arrangements, he caused uproar by admitting he did not know how much he was paid.
03/09/2016
Rothschild & Co announces acquisition of L&Co
Frank Demoen and Yves Vervaet will join Rothschild as managing directors
03/09/2016
Withhold bankers' bonuses for a decade, says Barclays man
Move would give managers a longer-term view of their business, opines new deputy chairman Sir Gerry Grimstone
03/08/2016
Ulster Bank and KPMG launch start-up hub in Northern Ireland
Each intake of up to 80 start-ups will be based at the Hatchery for six months, with the “most promising” given the option to continue for another 12.
03/08/2016
Wealth boutique launches asset management business and multi-manager range
The all-in fees range from 1.1% to 1.36% and the minimum investment is £1,000 for lump sums or £100 a month for regular savings.