08/18/2014
Close Brothers updates ‘at retirement’ proposition
Close Brothers Asset Management is repositioning its ‘at retirement’ offering to provide consumers
Wealth and Asset Management
08/17/2014
Raiffeisen open to making acquisitions in private banking
He said it was easier to grow in the asset management sector than private banking at the moment, due to uncertainty surrounding tax issues.
08/15/2014
IFAs on the hook for collapsed £60m offshore investment scheme
The largest investor backed the venture with £5m, although the majority were smaller investors with between £10,000 and £30,000, and are understood in part to be the clients of UK-based IFAs and wealth managers.
08/15/2014
wiss Banker Eyeing Assets of RBS’s Coutts
Seeking to acquire businesses with between 1 billion Swiss francs ($1.1 billion) and 10 billion francs of client assets under management, Syz said.
08/15/2014
Ashcourt Rowan Sipp book sale hot on heels of FCA policy review
Ashcourt Rowan acquired these companies as part of its purchase of Leeds-based UK Wealth Management in May.
08/15/2014
Quilter Cheviot sees Leeds and Newcastle opportunity
We have got genuine scope for expansion in the regions, it’s a core part of what we do.’
08/15/2014
Sheriar Bradbury: Why aren't IFAs heard?
The advice profession needs a strong, unified voice in order to get a 'seat at the top table' of financial services
08/14/2014
Dundee IFA sets sights on expansion to buoy offshore offering
Dundee-based Verus Wealth is seeking to recruit staff to buoy a new service aimed at offshore contractors.
08/14/2014
HSBC joins RBS in £7.1m payout to bosses to dodge bonus cap
British regulators had joined banks in campaigning against the bonus caps – they fear that if British banks cannot pay as much as US and Asian rivals, the best bankers will quit.
08/14/2014
Partnership turns to Rothschild as annuity sales slump
‘Partnership will benefit from Rothschild's extensive experience of managing this asset class and Rothschild will co-invest alongside Partnership,’ the group told the stockmarket.
08/14/2014
Wealth Management’s Profitless Boom Time by Phil Banas
Wealth management is booming, but business is about growing profits, not just revenues
08/14/2014
Adam & Co to close Manchester office
He also added there are no plans to drop the Adam & Company brand.
08/14/2014
Brewin chair backs business with £29,000 stake
Miller acquired 10,000 shares
08/13/2014
Private clients advised to reduce UK and European equities
The Committee’s recommendation is that funds withdrawn from equities are held in cash.
08/12/2014
Guernsey Is Part Of The Solution For US Fund Managers
Feedback from the managers at the conference was that there is simply too much regulation in Europe
08/11/2014
UK Wealth manager sells remaining SIPP business
From UK Wealth Management
08/11/2014
RBS To Split Up Coutts Private Banking Unit
The international unit, which employs 1,200 staff, has cut the number of countries it serves dramatically in a roughly three-year restructuring.
08/11/2014
Buying cheaply floats my boat, says Aberdeen's Martin Gilbert
Fund management boss says SWIP deal has diversified the company
08/11/2014
Regulation transforms UK wealth management business
This structural change has meant a fertile market for hiring and winning clients.
08/11/2014
RBS confirms it's considering sale of Coutts' international arm
Royal Bank of Scotland (RBS.L) confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion (£595.76 million), as the British government leans on it to focus more on domest