Administrators anticipate compensation for Greyfriars investors

Investors from collapsed wealth manager Greyfriars Asset Management should be able to get some type of compensation, say administrators Smith & Williamson. Greyfriars went into liquidation in October 2018 when Smith & Williamson were appointed as joint administrators to the troubled provider. A six-month progress report published on Companies House sheds light on how the administration work […]


Succession won’t waver on DB transfers as growth plans ramp up

Succession Wealth will revamp its focus on growth, acquisitions and specialised services with no plans to limit the amount of defined benefit transfers its advisers carry out. Despite complex rules, increasing supervision and negative attention on DB activity, Succession group communications and public relations director Mark Stokes says the group remains committed to providing transfer […]

Ditch and switch poor SSAS providers, advisers told

Changing provider is easier than you think if service falls short of expectations It was pleasing to note recently that the timescales for registering new small self-administered scheme arrangements with HM Revenue & Customs have started to come down – from several months to several weeks in some cases. Indeed, for the past couple of […]

Asset managers face delisting from UN responsible investing initiative

Fifty asset managers signed up to the United Nations’ for responsible investing could face being delisted for failing to show evidence of their commitment, according to the Financial Times.  The UN-backed Principles for Responsible Investment is based on six principles which put environmental, social and governance concerns at the heart of mainstream investing. The asset […]


Now: Pensions petitions govt to end loophole for low savers

Master trust Now: Pensions has written to Chancellor Philip Hammond as part of a petition to end a loophole that sees 1.75m savers miss out on pensions tax relief. The letter from Now: Pensions chief executive Troy Clutterbuck to Hammond coincides with the launch of a campaign to make the way pension providers administer relief […]

Protection Watch: Benefits at risk and the best protection questions

Protection Review chief executive Kevin Carr looks at recent market events Answering the best protection questionsSince moving into the world of PR more than a decade ago, I have developed a few favourite statements and questions. “The answer is yes, what is the question?” is a good one for journalists and, for clients, “thought leaders […]


Bank of Mum and Dad lending hits £6.3bn: L&G

The Bank of Mum and Dad is set to lend £6.3bn this year, up from £5.7bn in 2018, the latest research from Legal & General suggests. The findings show that although transaction volumes are down and parents and family are set to fund 20 per cent fewer property purchases than last year, they are putting […]

Leading asset managers target transparency failures over environmental impacts

A group of 88 investors with almost $10trn (£7.95trn) in assets are targeting companies over their environmental impact transparency. The investors include HSBC Global asset Management, Investec Asset Management and Candriam and is part of CDP’s 2019 non-disclosure campaign. CDP is an international non-profit which aims to drive companies and governments to reduce greenhouse gas […]