08/12/2022
DWS boss Stefan Hoops hits back at ‘critical reporting’ on asset manager
Stefan Hoops has been active on social media since taking over as chief executive in June
Alternative Investments
08/12/2022
Property wealth used to fund travel boom but more cautious spending looms
Equity release drawdown data from Legal & General Home Finance (LGHF) customers has demonstrated a ‘shift in spending’ over the first half of 2022.
08/12/2022
Moody’s assesses Italian insurers after downgrading government outlook
The IFSRs of all three insurance groups remain above the sovereign rating, reflecting their ability to withstand severe stress on the sovereign.
08/12/2022
Abrdn Financial Planning haemorrhaging senior staff
Other former Abrdn employees have also joined Mazars.
08/12/2022
Discount narrows on Murray International as it delivers positive returns
9.5% share price total return
08/11/2022
30% Club extends its race equity engagement to FTSE 250
The €13.8tn investor coalition will ask FTSE 250 companies to improve ethnic minority board representation following a successful initial campaign targeting FTSE 100.
08/11/2022
Novice investors: Nine personal finance rules to obey before you invest
A well-diversified investment portfolio can be an inflation-busting strategy over the long term, so follow our guide to get your household finances in order before you plunge into the markets
08/11/2022
Aegon reports second quarter 2022 results
Steady progress on transformation allows Aegon to increase its free cash flow outlook
08/10/2022
J. Stern & Co opens new Malta office
The Malta office – located on Sir Augustus Bartolo Street in the town of Ta’ Xbiex – will see Stern promoting its services direct to EU citizens once again.
08/10/2022
Aviva plc 2022 interim results announcement
Confident outlook for 2022 despite challenging market backdrop
08/09/2022
Canada Life boss on modernising insurer's adviser ties
Last year, the business generated £4.5bn in sales and £276mn in profit.
08/09/2022
Mercer administration under fire from advisers
Liversidge alleged that clients are “fed up” with them, as are advisers, because they absorb the additional admin costs that Mercer generates.
08/09/2022
Vanguard replaces manager on UK active fund
As part of this review process, the company said changes to the advisory structure would be best for current and future shareholders of the fund.
08/09/2022
Market conditions hamper Abrdn’s revenue growth targets
Net outflows were £35.9bn, which the group said largely reflected the final tranche withdrawal from Lloyds Bank Group of £24.4bn.
08/09/2022
Scottish business leaders back youngsters ahead of results day
Letter to students is signed by leaders of the Scottish Retail Consortium, Scottish Chambers of Commerce and the CBI
08/09/2022
Munich Re posts solid quarterly result
Gross premiums written saw a considerable rise year on year, by 8.3% to €15,850m (14,642m) in Q2, and by 12.0% to €32,683m (29,193m) in Q1–2 – in both cases driven by strong organic growth, especially in property-casualty reinsurance
08/09/2022
L&G equity release advances fall 18% as it refuses to lower price
Advances are the initial money L&G lends as well as the top-ups clients drawdown over time.
08/09/2022
Baillie Gifford US Growth returns drop over 45% but maintains strategy conviction
Discount at 12% from a premium in 2021
08/09/2022
Standard Life completes WH Smith Pension Trust full buy in
This bulk purchase annuity arrangement completed in August and secures the benefits of all members of the Trust.
08/08/2022
Over 1 in 10 UK households have nothing left to cut back on in the face of further energy price rises, L&G finds
The private sector has a crucial role to play in levelling up by investing in new homes, high wage employment, through skills training and green energy initiatives.