07/27/2022
PE-backed Hurst Point Group buys financial planning firm
Metis has £750mn of assets under advice and £190mn of assets under management, taking the group’s overall total to nearly £8bn.
Alternative Investments
07/27/2022
Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?
Luxembourg is the epicentre of the European investment funds industry.
07/26/2022
STM snaps up Mercer’s Sipp book for £3.3m
AIM-listed pension provider STM has acquired Mercer’s Sipp and SSAS book in a deal worth £3.3m.
07/25/2022
Record number of £10m-plus London properties sold as pound falters
Despite Brexit and the loss of Russian custom, the super-rich are still piling in, buying up homes including one on Belgrave Square for £90m
07/25/2022
People on the move: key North East appointments and promotions
Companies including Devin Consulting, Your Homes Newcastle and Unwritten are among those making appointments this week
07/25/2022
L&G protection upgrade under fire after client refused policy
Advisers use the portal to provide pre-underwriting data for critical illness and income protection policies on behalf of clients.
07/25/2022
Fund managers and investors united in market pessimism
The outlook for fixed income is also looking poor, with long-term rate expectations at three-year lows, with investors anticipating a “bull flattering” of the yield curve.
07/25/2022
Sanne Group issues half-year trading statement and acquisition update
Sanne has reported a strong performance in the half-year to 30 June, with a return to double-digit organic revenue growth, record new business wins and continued strong cash generation.
07/22/2022
CII reveals plans for the year ahead
When it comes to membership, the CII and Personal Finance Society commit to working together to achieve greater recognition from policymakers and other key stakeholders of the power of insurance
07/22/2022
The retail intermediary market 2021
The data on this page reflects returns submitted to us by firms for periods ending within 2021.
07/22/2022
UK’s outdated property taxes favour the wealthy, says OECD
An increase could mean lower income tax and and also help young people on to the property ladder
07/22/2022
Intermediate Capital Group reports asset growth in quarter
ICG fundraised USD4.5 billion in the quarter. The group said it has a total available liquidity of GBP1.4 billion as at June 30.
07/21/2022
Redmayne Bentley launches Financial Adviser investment proposition
Redmayne Bentley will run on-site Investment Committee Meetings, allowing firms working with them to have meaningful ongoing input into the investment proposition on behalf of their clients.
07/21/2022
abrdn to offload private equity arm as part of restructure
abrdn’s private equity arm managed around £14bn in assets at the end of last year.
07/21/2022
Imperium Trust Company (UK) Limited Completes the Acquisition of Page Tax Consulting
The acquisition bolsters Imperium’s existing UK service offering of professional Trusteeship, Company service provision and full accounting and UK tax compliance capabilities.
07/20/2022
Parmenion rolls out centralised investment proposition tool for IFAs
As it embarks on ‘new direction’ to become adviser firms’ CIP ‘provider of choice’
07/20/2022
Jonathan Ruffer’s Investment Review
Most commentary centres around what inflation will do in the short term – which gives, at best, uninteresting answers, and, more importantly, irrelevant answers.
07/20/2022
abrdn creates sharper sustainability focus for three funds
The equities funds are due to be aligned with Article 8 of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on 1 August.
07/20/2022
Fund investor sentiment falls to record low
Lower than Q3 2020
07/19/2022
Tech firm adds Sipp amid talks with IFA consolidators
It operates in a similar capacity to ‘white-label’ providers such as Seccl and Multrees, except advice firms do not need regulatory permissions.