04/21/2015
Multrees selected by AllianceBernstein's retirement income solution
We selected Multrees as they provided the best technology and service combination allowing us to offer a solution that all defined contribution scheme members between 55 to 75 can access cost-effectively irrespective of the amount of their pension savings
04/21/2015
Old Mutual Wealth’s model portfolio hits £1bn AUM
Old Mutual Wealth’s WealthSelect Model Portfolio Service has exceeded the £1bn mark in assets under management, of which £450m has been directed towards pension accounts.
04/21/2015
RBC and the Old Vic Announce New Partnership
RBC and The Old Vic today announced that RBC will become the theatre’s Principal Partner. RBC commits to sponsoring more than 15 productions over the next three years.
04/21/2015
SGPB Hambros seek to bridge digital divide with client portal
‘This new service not only represents a significant milestone in our digital transformation strategy, but also in our commercial strategy,’ said SGPB Hambros chief executive Eric Barnett
04/21/2015
Standard Chartered bank has a strong business case to move its headquarters from London to Singapore and save millions of dollars in taxes as, unlike rival HSBC
04/21/2015
The annual chorus of recrimination over executive pay is rising to a crescendo
Fat cat fund managers rake in rewards as savers plough more money into pension pots and investment fund
04/20/2015
Breaking the banks: Tax jump may drive HSBC, StanChart away from UK
Several investors told Reuters they want the two banks to do a thorough analysis on whether it makes sense to move after Britain raised the bank tax by a third last month.
04/20/2015
Super-rich Asians draw multi-family financial firms
A discreet breed of financial management firm has sprung up to cater to Asia's super-rich as their fortunes grow.
04/20/2015
Towry to launch online services
The chief executive of Towry, the acquisitive wealth manager and financial planner, says the group is close to launching online services for its clients, as it reveals sharp increases in assets under management and revenues for 2014.
04/20/2015
The fund – which is managed by Schroders’ QEP Investment Team – offers investors a different way of accessing the emerging market opportunity set.
04/17/2015
How Abu Dhabi's mega-rich are buying up London
They’re snapping up restaurants, taking over hotels — even investing in the water supply. But not everyone’s happy. James Ashton reports on the Abu Dhabi super-rich buying up the capital
04/17/2015
Wealth management firms likely to be affected by Mifid II
Much of the Wealth Management Association’s work at present, in collaboration with its member firms, is seeking to clarify impact.
04/17/2015
Brewin named as top UK takeover target
Brewin Dolphin has been named as a prime candidate to join the wealth management M&A merry-go-round by broker Liberum Capital.
04/17/2015
British Advisor Attrition Slows
The report provides a comprehensive overview of the UK financial adviser market and the trends within it. It is available on our website at www.apfa.net/adviser-market.
04/17/2015
Close Brothers buys Scottish IFA
Andy Cumming, head of advice at Close Brothers Asset Management, said the acquisition will strengthen the group's integrated wealth presence in Scotland.
04/17/2015
Wealth managers flock to convertibles as volatility rises
Wealth managers have been reducing equity allocations and using convertible bonds to dampen the volatility of their multi-asset portfolios
04/17/2015
Poland’s Richest Billionaire Poised to See Borrowing Rate Halved
Poland’s richest billionaire is about to see borrowing costs for the chemicals maker he controls cut in half, thanks to Mario Draghi.
04/16/2015
Digital technology transforms wealth management industry
The early success of an online service that matches wealthy people with wealth managers demonstrates that investors want more choice in where advice comes from.
04/16/2015
The sunny days have put me in a more literary mood. ”Now is the winter of our discontent made glorious summer” Richard III once famously announced.
04/16/2015
114K UHNW individuals relocated to UK over past decade
Last year, 15 people per day joined the ranks of ultra-high-net-worth individuals