08/14/2020
Wren Sterling gains £68m in Woking IFA acquisition
John deserves his retirement after many years of guiding clients
Alternative Investments
08/13/2020
Aegon profits up as platform rebounds
Net inflows into the business hit £2bn in the first half of this year, whereas in 2019 the provider saw net outflows of £1.9bn as the issues faced by advisers in 2018 started to take effect.
08/12/2020
Mystery buyer snaps up renovation project London home – for £18.6m
The fixer-upper home in upmarket Mayfair once belonged to the Onassis family
08/11/2020
Prudential plc 2020 Half Year Results
Strategic updates and performance highlights on a constant (and actual) exchange rate basis
08/11/2020
Raiffeisen Bank 2Q Earnings Fell as Virus Hit
In its first half, Raiffeisen booked EUR312 million in impairment losses on financial assets, mostly due to the Covid-19 pandemic, compared with EUR12 million during the same period last year, it said.
08/10/2020
Options and Wahed Invest launch halal workplace pension
The firms said the scheme will allow British Muslims "to enjoy generous tax advantages without compromising on their beliefs".
08/10/2020
Ascentric assets fall as Royal London reports loss
Royal London agreed to sell Ascentric to M&G in May and is currently waiting for approval for the sale from the Financial Conduct Authority.
08/07/2020
Standard Life Aberdeen – Some signs of progress
Cost savings from the merger of Standard Life and Aberdeen Asset Management are still ticking up, and together with efficiencies elsewhere in the business that sets the group up well if it can get money through the door again.
08/07/2020
Waived Woodford fees hit Hargreaves revenues
The Woodford Equity Income, which is now in the process of being wound down, featured on Hargreaves' Wealth 50 buy list right up until the day it was suspended in June last year.
08/06/2020
Allianz achieves 2.6 billion euros operating profit in 2Q 2020
Second-Quarter 2020 Earnings Release
08/06/2020
Half Year 2020 Earnings
The Group’s underlying earnings were Euro 1.9 billion, down 48%, and were up 1% excluding Covid-19 claims3 and the disposal of Equitable Holdings.
08/06/2020
Aviva pre-tax profit dips 30% in first half of 2020
"We will update shareholders on all dividend matters, including the 2019 final dividend in the fourth quarter."
08/06/2020
Pensions giant invests in climate transition fund
The fund’s managers will assess companies according to how they rank against their peers in terms of investing in areas such as energy production, clean technology and waste management.
08/06/2020
CII pours praise on top performing insurance professionals
St James’s Place Craig Morrison picked up the best result in the CII’s Pensions
08/06/2020
New Aviva boss warns she may shrink company's reach
This comes after Aviva's operating profit for the first half of 2020 was £1.2bn, down from £1.39bn a year earlier.
08/05/2020
SimplyBiz partners with M&A specialist to grow buy-out scheme
It has received interest from over 100 financial advice firms
08/05/2020
Big bond traders double down on bets on Europe
In Italy, Europe's first epicenter of the crisis, bonds have rallied to pre-lockdown levels and the 10-year rate is now a paltry 1%.
08/05/2020
Fairstone secures £400m in latest acquisition
Mr Hartley added: "We are delighted to complete the final acquisition of Chiltern House, having worked closely with them throughout the integration phase.
08/05/2020
Phoenix Group shakes up savings business
The creation of business units for the Open business reflects this focus and will ensure that the needs of each customer group are catered to specifically.
08/05/2020
PK Group Completes Trotman & Co Acquisition
The Trotman team has significant experience in taxation which complements PK Group’s existing tax, financial planning and wealth management businesses.