09/06/2023
Pension Superfund lowers offer for SIPP firm STM
The new offer is about 5% lower than the previous offer and implies Pension SuperFund will pay around £39m rather than £41m.
Alternative Investments
09/05/2023
IFA group snaps up three UK advice firms
Taking the number of acquisitions made this year to 15
09/05/2023
Single women's pension income now 40% lower than men
Total pension income for single women is £18,825 per year on average
09/05/2023
Just Wealth portal to help brokers refer clients for advice
The new technology was developed by the company and replaces a manual email tracker system.
09/05/2023
Canadian pension buys majority stake in 7IM from Caledonia
Investment trust Caledonia is to sell its majority stake in the wealth firm for £255m, after spending £100m on 7IM in 2015.
09/04/2023
Edinburgh financial advisory firm completes management buy-out
The firm will rebrand and relocate its head office to new premises in the capital's west end
09/04/2023
Perspective announces three further acquisitions
“I have decided it’s time for me to retire soon, though will continue to be involved with the firm for a short period to ensure a smooth handover."
09/04/2023
Home REIT begins 'formal and phased' board succession process
Board to be replaced within 12-months
09/04/2023
Edinburgh advice firm bought out by management team
As part of the changes, the firm will rebrand as Seven Street Wealth and relocate its head office to new premises in the west end of Edinburgh.
09/04/2023
UK Finance updates on cash industry environmental work
Cash in Transit providers have been using the latest in telematics data to ensure that vehicles are not left idling while collections and deliveries are made.
09/01/2023
CFT is keeping its eyes open for takeovers
This was achieved with an increase in income of 12.5 percent to 513.3 million francs.
09/01/2023
Only eight first-time funds close in Europe so far this year, report finds
According to PitchBook, it is a drastic fall from previous years as first-time fund managers face a tough time raising capital.
08/31/2023
Mortgage approvals further drop as property market seizes up
A decrease in mortgage approvals and only a slight uptick in remortgaging activity in July further underscores this cautious sentiment.
08/31/2023
Gender investment gap hurts long-term wealth, as AJ Bell expands Money Matters female investor campaign
It comes as the campaign publishes new findings which show only 35% of young investors are women.
08/30/2023
£38.5m deal for BT’s Leeds offices
The deal represents a net initial yield of 7 per cent.
08/30/2023
TAM seeds Pzena’s first Europe-ex UK value fund
Deep value specialist Pzena responds to demand from wealth managers with a new strategy run by a trio of Citywire-rated managers.
08/30/2023
Phoenix recruits for redundancy-risk roles
A posting for an application developer states some roles will be in “scope for redundancy or redeployment” across the group.
08/29/2023
Legal & General: ‘Bank of Family’ to provide £8.1bn in aid to first-time buyers during 2023
This insight stems from a joint research initiative by the FTSE100 company, Legal & General, and the Centre for Economics and Business Research (Cebr).
08/28/2023
Richard Buxton says UK equity market in a ‘very sorry state’
Outspoken fund manager is preparing to retire from Jupiter Asset Management after 40 years in the City
08/28/2023
The Philippine Economic Zone Authority partnerships to woo German firms
In terms of investments, the survey revealed that 46 percent of the participating GPCCI members are likely to invest higher in the country within the next 12 months