08/16/2023
Later life adviser platform rolls out annuity referral system
It is ‘vital that advisers have a wide range of solutions for their clients’
Alternative Investments
08/16/2023
Norway wealth fund posts $143 bln profit as AI surge lifts tech
The fund's overall return, however, was 0.23 percentage point less than the return on the benchmark index.
08/16/2023
European stocks waver on China woes, US rate concerns
While European markets slid on opening, they began to recover following the release of UK inflation data showing it dipped to a 15-month low.
08/16/2023
UK’s biggest pension is worth £11m
RBC Brewin Dolphin calculates that someone looking for a comfortable retirement requires at least £37,300 per annum to live on.
08/16/2023
Lansdowne Partners completes acquisition of CRUX Asset Management
New manager for CRUX European equity funds
08/16/2023
Britons’ Love Affair with Global Equity Funds
Since 2015 global funds have enjoyed a net inflow of £51.3bn, while all other geographical categories taken together have seen just £909m of new capital.
08/16/2023
Aviva plc 2023 interim results announcement
Strong first half with profitable growth momentum across the Group
08/16/2023
UK pension proposal tips for trustee boards and advisers
Invest time up front to think through holistically what you’re looking for from a service provider.
08/16/2023
Equity release cases have ‘rapidly increased’ in past year
The company attributed this rise to increased interest rates.
08/15/2023
WisdomTree adds three ETPs to Short and Leveraged ETP range
ETF issuer has launched three short and leveraged ETPs, covering French equities and European banks.
08/15/2023
UK employment falls as wages rise at record rate
UK wage growth
08/15/2023
LGIM suffers more LDI pain with another £20bn outflow
Money poured out of LGIM’s Solutions business, causing profits to drop by a third in H1.
08/15/2023
Hope grows for UK equity research revival after Mifid rollback
Fund managers and research firms wonder if the rule change can reverse the dire situation for smaller companies, along with Jeremy Hunt’s wider Mansion House reforms.
08/14/2023
Building society transfers financial planning service to UK pension firm
With employees directly supporting the service also being transferred
08/14/2023
TISE announces Blue Diamond as first private market client
Blue Diamond Limited becomes the first company to join TISE Private Markets.
08/11/2023
Odey Asset Management fund ends bet against UK government bonds
"Government bond exposure has been taken to zero," the letter signed by Neave said.
08/11/2023
M&G closes absolute return bond fund after 'investor appetite decline'
The investment manager closed the fund in July after admitting it was no longer commercially viable.
08/10/2023
Scottish Widows Platform partners with Origo to 'save advisers time'
The Scottish Widows Platform is now live for bulk valuations via the Origo Integration Hub with the majority of CRM solutions, including Benchmark, Wealthcraft and Moneyinfo.
08/10/2023
UK financial advice group enters administration
With all assets transferred to its sister company
08/10/2023
Aegon UK announces extended strategic partnership with Nationwide Building Society
The extended strategic partnership will reshape the current relationship to play to both organisations’ strengths and provide a smooth transition for customers.