This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+cover+small+180914

Daniel-Godfrey-700.jpg

IMA posts £188k profit as chief Godfrey earns £469k

19 September 2014 11:48 am | By Sam Macdonald

Godfrey’s pay packet is a 21 per cent increase on predecessor Richard Saunders’ £386,000 pay in 2012.

Edinburgh-Castle-Scotland-700x450.jpg

SFE: More tax powers can boost competition of Scottish financial firms

19 September 2014 10:59 am | By Pamela Morris in Edinburgh

Scottish Financial Enterprise chief executive Owen Kelly said more devolved powers around tax could make Scotland a “very competitive” part of the UK.

Stock-Market-FTSE-Stockmarket-700x450.jpg

Scottish groups push FTSE up as independence fears subside

19 September 2014 9:13 am | By Sam Macdonald

Royal Bank of Scotland up 3.5 per cent and Lloyds Banking Group share price rise 2 per cent at 9:05AM.

Cover 2

Return of the direct salesforce? Aviva eyes protection advice network

19 September 2014 8:30 am | By Michael Glenister

As Aviva prepares to return to face-to-face protection advice, are we about to see the direct salesforce make a comeback?

Comments (3)

General-Business-Handshake-Hire-Appointment-700x450.jpg

Foster Denovo co-founder quits to set up his own firm

18 September 2014 4:21 pm | By Samuel Dale

Former Millfield Partnership adviser David Pugh is starting his own company.

Money-Notes-Currency-GBP-Pounds-700.jpg

Sterling McCall defends pre-pack acquisition that left £8m in Ucis liability

18 September 2014 1:00 pm | By Michael Glenister

Sterling McCall acquired Key Benefits for £30,000 in May.

Comments (2)

Justice-Fine-Ban-Court-Gavel-Judge-700x450.jpg

Moneygate in court clash with IFA sale broker

18 September 2014 1:00 pm | By Michael Glenister

Harrogate County Court judgment follows payment dispute

Chris-Hannant-Headshot-in-2013-700.jpg

Apfa: Guidance guarantee would cost advisers 5% of profits

18 September 2014 11:18 am | By Tessa Norman

Disproportionate cost for advisers undermines guidance proposals, says Apfa. 

Comments (3)

Labour Budget

Is Labour preparing to overturn George Osborne's pensions revolution?

18 September 2014 8:30 am | By Tom Selby, Samuel Dale

Insurers have held behind-closed-doors meetings about the political risk attached to Chancellor George Osborne’s pension revolution.

Comments (30)

Business-Handshake-Meeting-Deal-Low-Angular-700x450.jpg

Openwork acquires MetLife's 930-strong protection network

17 September 2014 3:00 pm | By Michael Glenister

Transition to Openwork set to take place in November.

Chris-Macdonald-700x450.jpg

Brooks Macdonald FUM jumps 28% to £6.5bn

17 September 2014 2:54 pm | By Pamela Morris

The group’s annual report shows FUM rose to £6.55bn from £5.11bn a year previous, with over £1bn driven by organic growth.

Money-Currency-Coins-Pound-GBP-700.jpg

Axa Wealth to launch new restricted fund range

17 September 2014 12:51 pm | By Sam Macdonald

Axa will launch a three-part investment offering made up of the Architas risk-rated multi-asset proposition.

General-Business-Handshake-Hire-Appointment-700x450.jpg

Sense promotes Steve Young to chairman

16 September 2014 2:57 pm | By Michael Berry

Sense Network has appointed commercial director Steve Young chairman of the company.

Comments (1)

Martin-Werth-Standing-2013-700x450.jpg

UnderwriteMe launches with four providers

16 September 2014 2:43 pm | By Devraj Ray

Software provides price estimates, underwritten quote comparisons and additional benefits at point of sale.

Scissors-Cut-Tailor-Measure-Measurement-700.jpg

Architas cuts charges on multi-asset passive range

16 September 2014 10:41 am | By Sam Macdonald

Architas cuts ongoing charge on multi-asset passive range and up front charge on its 0 per cent AMC share class.

Business-General-Handshake-Hire-Appointment-700x450.jpg

PFS appoints David Thomas as new president

16 September 2014 9:09 am | By Samuel Dale

Chadney Bulgin founder David Thomas takes over from David Ingram.

Comments (1)

euflags

OECD: Weak eurozone holding back global recovery

16 September 2014 8:57 am | By Sam Macdonald

OECD has downgraded its forecast for most large economies.

Woodford-Neil.WoodfordIM.2014.jpg

Woodford says Scottish debate will impact UK even if 'No' prevails

15 September 2014 3:39 pm | By Pamela Morris in Edinburgh

The star manager warns that Devo Max powers for Scotland could mark the beginning of the “fragmentation of governance” within the UK.

Comments (1)

James Millard 700

SLI recruits ex-Skandia WealthSelect head James Millard

15 September 2014 12:06 pm | By Sam Macdonald

Millard joins as investment director on its MyFolio fund solutions team.

Business-General-Handshake-Hire-Appointment-700x450.jpg

Ex-Royal London director joins Apfa

15 September 2014 11:25 am | By Tessa Norman

Andy Peters to support trade body in recruitment. 

Shaun-Sandiford-700x450.jpg

Octopus hires Elevate's Shaun Sandiford in IHT platform push

15 September 2014 10:17 am | By Sam Macdonald

News comes as Octopus signs an agreement with Novia to offer Octopus Inheritance Tax Service on the platform.

Comments (2)

Real-estate-agent-house-for-sale-sold-700.jpg

Investec offloads Irish mortgage business

15 September 2014 8:39 am | By Sam Macdonald

Investec is to sell its Irish intermediated mortgage business Start along with other Irish mortgages assets to an affiliate of private equity firm Lone Star Funds.

HMRC-Building-700x450.jpg

HMRC permanently reinstates Oxford Tech VCT status

12 September 2014 4:05 pm | By Sam Macdonald

HM Revenue & Customs has permanently reinstated venture capital trust status to the Oxford Technology VCT and the Oxford Technology 3 VCT.

General-Business-Handshake-Hire-Appointment-700x450.jpg

Intrinsic reveals £9.5m PosSol deal

12 September 2014 1:08 pm | By Michael Glenister

Profits fall on RDR and integration costs following acquisition.

Comments (2)

Business-Handover-Finance-General-700.jpg

Aviva outsources absolute return fund management as duo move to US fund house

12 September 2014 11:39 am | By Michael Berry

Aviva Investors has outsourced management of its convertibles absolute return fund to a US firm, with the two fund managers moving with it.

AFH Alan Hudson 700

AFH advice deal sees assets hit £840m

12 September 2014 8:37 am | By Natalie Holt

Aim-listed AFH will pay up to £281,250 for Northampton-based firm Hindsight Financial Services.

Sue-Lewis-700.jpg

Consumer Panel chair: RDR failed to improve trust in advisers

11 September 2014 11:34 am | By Tessa Norman

Consumer trust in advisers unchanged in last decade, says Sue Lewis. 

Comments (26)

Aberdeen Gilbert Martin Gilbert 700x450

Martin Gilbert: 'An independent Scotland would be a big success'

11 September 2014 11:08 am | By Pamela Morris in Edinburgh

The chief executive of Aberdeen Asset Management said he would not reveal his vote in the Scottish referendum on 18 September.

Comments (4)

Simon-Goldthorpe-700x450.jpg

Beaufort profits hit £232k

11 September 2014 10:32 am | By Michael Glenister

Turnover increased 77 per cent from £1.09m to £1.93m in year to end of March

Martin-Wheatley-Pose-700x450.jpg

FCA's Wheatley: UK has a dozen 'dark pools'

11 September 2014 9:59 am | By Michael Berry

Most of the largest UK banks operate at least one trading darkpool, with 12 of the intra-business trading systems regulated by the FCA.

Comments (1)

Accounts-Paperwork-Financial-Corporate-Business-700x450.jpg

Foster Denovo posts £250k profit as events arm closes

10 September 2014 4:06 pm | By Michael Glenister

Regulation sees events arm move away from provider sponsorship.

Business-Handshake-Meeting-Deal-Low-Angular-700x450.jpg

Barnett Waddingham acquires Chase de Vere Sipp and SSAS arm

10 September 2014 9:18 am | By Sam Macdonald

Firm increases its Sipp portfolio to around 2,975 schemes equalling around £1bn assets under administration.

Boardroom-Hire-Hiring-Appointment-General-700x450.jpg

Liontrust non-exec director Hirsch to retire after 15 years

10 September 2014 8:52 am | By Pamela Morris

Hirsch, who is chief executive of property investment company Raven Russia, joined the Liontrust board in 1999.

Cash-Money-Currency-700.jpg

Hargreaves Lansdown cuts minimum investment amounts

9 September 2014 4:27 pm | By Tessa Norman

D2C giant says it hopes to attract more first-time investors. 

World-in-trolley-shopping-cart-globe-global.jpg

IMA: Overseas firms make up 55% total UK assets

9 September 2014 12:13 pm | By Sam Macdonald

Firms with overseas headquarters has risen by 12 per cent from 43 per cent over the last 10 years.

Business-General-Handshake-Hire-Appointment-700x450.jpg

Calastone takes on BNY transfer head

9 September 2014 8:32 am | By Sam Macdonald

Fund re-registration firm Calastone has appointed BNY Mellon head of transfer agency for EMEA and Asia Pacific Jon Willis as chief commercial officer.

Business-People-Walking-Motion-Leaving-Beige-700x450.jpg

IFA firm Argyle appoints Standard Life's Webster as head of pensions

8 September 2014 11:35 am | By Pamela Morris

David Webster was previously workplace strategy business partner and head of commercial marketing at Standard Life.

Standard-Life-Building-700x450.jpg

Poll sparks slide on Scottish bank and fund group shares

8 September 2014 11:11 am | By Pamela Morris

Shares in some of Scotland’s leading financial institutions including Standard Life and RBS have fallen by as much as 3 per cent.

Comments (2)

Dean Julie Cazenove

Julie Dean exits Schroders

8 September 2014 9:17 am | By Sam Macdonald

Matt Hudson takes on management of the Schroder UK Opportunities fund.

Accounts-Paperwork-Financial-Corporate-Business-700x450.jpg

Charles Stanley issues profit warning and offloads Matterley fund

8 September 2014 8:40 am | By Sam Macdonald

Charles Stanley has issued a profit warning whilst at the same time offloading the FP Matterley Undervalued Assets fund to Miton.

Fund Data

Editor's Pick



Poll

Is Labour right to be concerned about the unintended consequences of the Budget pension reforms?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments