08/20/2014
Royal London aims to quadruple Ascentric AUM after 'quiet' 2014
Market gains have nonetheless helped boost assets under management from £6.2bn to £8bn, a 30% gain.
Wealth and Asset Management
08/19/2014
Skandia repurposes investment bond for expats in Spain
Skandia International has launched a flexible offshore investment bond for the British expatriate market in Spain.
08/19/2014
U.K. Regulator ‘Comfortable’ With Fund Managers Earning Millions
Fund managers are entitled to be paid millions of pounds if they’re delivering high returns for investors, the U.K. markets regulator said, the first sign it won’t seek to impose wage caps on the industry.
08/18/2014
UK can rule the world in asset management
London’s global capital market has helped to make the UK a premier centre for asset management
08/18/2014
Hume Capital Securities nets deal with Wealth Manager
Finance firm Hume Capital Securities has secured a ‘significant’ deal with a Malaysian wealth management firm.
08/18/2014
UK and Cayman: Looking beyond the pomp
The usual prism through which Cayman interacts with the U.K. is the Foreign & Commonwealth Office
08/18/2014
Van Lanschot the new sponsor of the Van Gogh Museum
The Van Gogh Museum and Van Lanschot have announced today that they have entered into a sponsoring agreement.
08/18/2014
Close Brothers updates ‘at retirement’ proposition
Close Brothers Asset Management is repositioning its ‘at retirement’ offering to provide consumers
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