09/01/2014
Barclays’ Spanish wealth management division changes hands
Will consolidate its leadership in Spain, gaining approximately 550,000 new customers, mainly from the retail banking and private and personal banking divisions, as well as a network of 270 branches and approxima
09/01/2014
Funds gaining traction in discretionary portfolios
JP Morgan Private Bank and UBS Wealth Management see increasing use of funds in discretionary portfolios. A house view is also seen as synonymous with use of funds.
09/01/2014
Brewin slashes £13m off tech writedown bill
Along with this impairment charge, the Brewin said would need to pay a further £15 million over the next 10 years under original contracts.
09/01/2014
Invesco loses top spot to SJP in rankings
Invesco Perpetual’s status as the UK’s supreme fund management empire could be slipping through its fingers as it prepares to plunge from first to fourth in the domestic fund rankings.
09/01/2014
Bellpenny adds £108m assets with Glasgow IFA buy
Its most recent - and largest - buy came last month when it acquired Torquil Clark from Skipton Building Society for an undisclosed sum
08/31/2014
Charles Stanley closes Liverpool office
The office was opened in 2010 and from the site on Chapel Street, Charles Stanley offered investment management and employee benefits.
08/29/2014
Heartwood: Handelsbanken inflow is 'just getting going'
Heartwood Investment Management’s tie-up with Handelsbanken is already starting to bear fruit, marked by £650 million in gross inflows since the deal completed in May 2013.
08/29/2014
Platforms launch new advice services for IFAs
Three platforms Skandia, FundsNetwork and Axa Wealth’s Elevate have developed microsites, services and charging structures to help financial advisers get their businesses in shape.
08/29/2014
Coutts sets aside £110m for payments over unsuitable investments
The 300-year-old bank, owned by the Royal Bank of Scotland and whose customers include the Queen, has set aside the provision as part of a review of its advice to clients dating back to about 1950.
08/28/2014
Malta attracts global investors following changes to trust framework
08/28/2014
Amundi plans to become one of the first asset managers to launch an international fund in direct response to new thinking around the annuity needs of retirees
08/28/2014
The group added that it is on target to acquire the best 50 firms from its membership with £7bn of assets by 2017.
08/28/2014
The York office was launched in 2007 after a team defected from Barclays Wealth.
08/28/2014
Results published today show that Chartered Institute for Securities & Investment (CISI) exam candidates globally have achieved some excellent results in the June sitting of the CISI’s most senior examinations.
08/27/2014
Is excessive executive pay gradually becoming socially unacceptable?
08/27/2014
Partners has offloaded 25.1% of its stake in Premier Asset Management to Elcot Capital Management in a £10 million deal.
08/27/2014
The letter argues that the business case for breaking away from the UK is not strong enough and warns that “much is at stake” from voting yes to Scottish independence.
08/27/2014
The family business was founded and is managed by Joyce Oliver and offers services such as tax planning, wealth preservation and succession planning.
08/26/2014
A founding partner of Bath-based Epoch Wealth Management has joined an elite group of UK financial planners after becoming a fellow of two leading professional bodies.
08/26/2014
IFA consolidator Bellpenny is set to close its £27 million fund joint venture with Henderson Global Investors following a strategic decision to move to a discretionary model.