CISI sets up financial planner mentoring helpline

The Chartered Institute for Securities and Investment has set up a helpline for participants in its financial planning mentoring scheme. The helpline, which is being supported by Schroders, will be open to mentors and mentees on the programme, which started on the first of January this year, looking for support in achieving professional financial planning […]

Collapsed wealth manager’s Sipp book sold for £820k

Collapsed wealth manager Greyfriars Asset Management sold its Sipp and SSAS administration business  to Hartley Pensions for £820,000 an update on Companies House shows. Money Marketing previously discovered Hartley took on 1600 Sipps, 160 SSAS and almost £500m assets under management onto its books for an undisclosed sum, with fresh documents now revealing the value […]


FNZ takes stake in Embark

Platform technology firm FNZ will become a minority stakeholder in Embark Group, the companies announced today. Embark is the parent company of Sipp providers Rowanmoor and Hornbuckle, fund research business The Adviser Centre, as well as offering The Embark platform. FNZ’s holding will be 9 per cent and will be handed via a small right […]

Miton flows slow on ‘weak market performance’

Fund manager Miton says it closed 2018 well despite its lowest quarterly inflows for the year coming in the final quarter. Assets under management were up 14.5 per cent for the fund manager to £4.3bn. At the end of 2017, Milton reported £3.8bn in AUM. Net flows were just £92m in Q4, however, which chief […]

RBS looks to cut govt holding in £1.4bn share buyback

Royal Bank of Scotland is lining up a cut to the government’s stake in the bank by buying up to £1.4bn worth of shares from the Treasury. The government currently holds a just over 62 per cent stake in the bank. The Guardian reports that RBS is seeking shareholder approval to buy up to a […]

Phil Wickenden: Why you need to report on client experience

Did you know that, if we squeezed the space out of all the atoms in our bodies, the entire human race would amount to the size of a sugar cube? What we value does not seem to amount to very much, does it? Indeed, say there are seven billion people in the world, each weighing […]