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Ascot Lloyd snaps up £254m Fife advice firm

The private equity-backed consolidator has acquired Create and Prosper for an undisclosed sum.

BareRock launches counselling and wellbeing programme for members

Under the new initiative, BareRock will fund up to 10 one-hour counselling sessions per claim, subject to a £2,000 cap, with no policy excess payable by the club member firm.

Legal & General partners with advice firm on MPS range

It will also manage the rebalancing of the model portfolios to ensure that investments remain aligned with Blue Sky clients’ risk profiles.

Relief for Labour as UK economy sees growth

Changing borrowing rules to allow more investment might be one approach

End of an era for Dundee’s Alliance Trust as it is officially renamed

Alliance Trust will now trade as Alliance Witan Plc.

WisdomTree appoints BNY for ETF servicing mandate

The arrangement will also include WisdomTree’s Bitcoin ETF and range of tokenised funds.

II Awards 2024 winners and highly commended revealed

Congratulations from the G&M Media Limited team to all of you, especially during this complex and challenging year!

BNP Paribas RE bullish on UK’s real estate market

In turn, the supply issue will only be addressed if a number of ‘market force’ factors fall into place, states BNP Paribas Real Estate.

AIC calls on Treasury to include VCTs in cost disclosure exemption

The FCA’s forbearance statement issued on 19 September indicated that all closed-ended funds on a regulated market would be included in the exemption.

Aviva completes £1.5bn buy-in with Michelin Pension and Life Assurance Plan

This is a significant deal showing the strength of our bulk purchase annuity business in securing good outcomes for pension scheme members.

Nature is a ‘National Wealth Service’

Tony Juniper speech at the launch of Natural England’s first State of Natural Capital Report

LGT Capital Partners debuts new hedge fund vehicle

The new vehicle invests equally in discretionary and systematic hedge fund strategies.

Mark Dampier: Why active management is really over

At that time, unit trusts paid 3%. It wasn’t hard to see what was going to be sold the most.

Pinebridge’s bid for PRS REIT with Sigma synergy

Although this isn’t exactly what has transpired this afternoon, it is a similar scenario.

Imperial Brands boosts shareholder returns with £1.25 billion buyback and increased dividend

This change will provide investors with an attractive 8.4% yield from the stock over the next year.

Scottish Widows launches flexible income-protection product

Research by Scottish Widows found that just 8% of people in the UK have cover in place if their income stopped suddenly.

BNPP AM makes first close of infra debt fund at €280m

This fund follows the deployment of the first vintage of the firm’s junior infrastructure debt

Hargreaves Lansdown launches Global Equity Income fund

HL has partnered with three global equity income managers in the sector

Macfarlanes advises Signal Capital Partners on its strategic partnership with Armen

The transaction marks the fourth transaction for Armen GP Stakes Fund I and its second in the private credit space.

Schroders and the Pensions Management Institute’s Lifetime Savings Initiative unveil landmark proposals to boost UK financial outcomes

The NLSP would extend the existing automatic enrolment pensions framework to make it more flexible and to incentivise employees to save even more.

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