09/26/2023
Advisers launch Kingston-based practice for HNW clients
It is tailored to successful professionals over the age of 50 and those recently bereaved.
Alternative Investments
09/26/2023
Financial Planner Life launches independent adviser academy
It will be aimed at anyone who wishes to join the financial planning profession – from graduates to second careerists.
09/26/2023
M&G announces £286m buy-in transaction with the Northern Bank Pension Scheme
The transaction was referenced in M&G’s half year results last week and is the pension scheme’s second with PAC, following a previous pensioner-only buy-in completed in 2015.
09/26/2023
FTSE steady as higher-for-longer rates worry global markets
With little data expected to blow away worries about the impact on high interest rates, concerns are set to linger, holding back gains for stocks.
09/25/2023
Third Point Investors extends buyback programme as underperformance persists
Discount widens to over 18%
09/25/2023
Pantheon International launches £150m tender offer as part of £200m share buyback scheme
By way of reverse auction
09/25/2023
Defaqto launches platform switching tool
It will give advisers the power to model a client’s financial objectives, capture risk profiles, conduct investment research, and oversee client reviews.
09/22/2023
Firms 'too focused' on numbers rather than services
Industry experts gathered to discuss challenges posed by Consumer Duty
09/22/2023
Smart Pension invests £550m in low carbon stewardship fund
Fund will offer investors split voting to ensure more robust investment stewardship
09/22/2023
Central banks and key rates: SNB and BoE on pause; Sweden, Norway, and Turkey on the rise
On current situation, sentiment has declined on activity, new orders, shipments, and employment while prices paid were on the rise.
09/22/2023
96 per cent of fund managers plan on using external support in the future, finds Ocorian
The fund services provider found that 96 per cent of fund managers plan on using external support over the next three years.
09/22/2023
Strong consumer confidence lifts FTSE as global indices fall
The blue-chip index was a bright light among global indices as improved retail sales data offset pessimism around the Bank of England's decision to pause interest rate hikes.
09/22/2023
CBRE in Talks To Buy Leading Retail Asset Manager Sovereign Centros
Brokers Have Been Looking to Improve Retail Asset Management Skillsets
09/22/2023
Meet the Money Marketing Awards 2023 winners!
The Strategic Wealth managing director is considered by many to be a true role model and has been described as “the future of the profession” by his esteemed peers.
09/21/2023
M&G re-enters the bulk purchase annuity market with two buy-in transactions totalling £617m
M&G also worked with the Trustee and its advisers to enable a transfer of the pension scheme’s illiquid assets to PAC as part of the transaction.
09/21/2023
Adviser network partners with regtech provider to better assess vulnerable clients
Enabling advisers to successfully identify vulnerable client characteristics
09/21/2023
Cathie Wood’s Ark Investment Management buys Rize ETF as it pushes into Europe
Wall Street investor partners with Martin Gilbert on developing new funds
09/20/2023
Fundsmith tops Morningstar medalist rankings but misses maximum rating
Annual Fund Family 100 report
09/20/2023
BNY Mellon IM launches floating rate credit strategy for top fund team
The BNY Mellon Floating Rate Credit fund is managed by an Insight Investment team comprising three Citywire-rated fund managers.
09/19/2023
Northern VCTs trio launch £60m fundraise
Following exits