Cazenove Capital is to acquire C Hoare & Co’s wealth management business for an undisclosed sum. The oldest private bank in London, C.Hoare & Co has 1,800 private clients and £2.2bn of discretionary assets under management, as at the end of June 2016. Cazenove, which is Schroders’ UK wealth manager and manages £33.8bn globally, says […]
FCA chief executive Andrew Bailey says consumers can use their homes flexibly to fund retirement income, rather than saving for both property and a pension at the same time. Speaking today at the Pensions and Savings Symposium in Gleneagles, Bailey warned of the challenges facing retirement savers in the current low-interest rate, low growth environment. […]
A former Financial Ltd adviser has failed to pay around £500,000 in compensation to clients after recommending they buy into an unregulated collective investment scheme investing in waste and recycling. The Sunday Times reports MFS Partnership partner Paul Herd owes David and Sheila Solomon a total of £497,177 after a Financial Ombudsman Service decision ruled […]
Prudential is launching a single retirement planning account which customers can use for both accumulation and income withdrawals at the same time. The Retirement Account will be launched on 26 September and will be offered on an advised basis. The account will include a pension savings account and pension income account, which allows for withdrawals […]
Walter Price, senior portfolio manager, Allianz Global Investors, discusses the aim and objective of the trust, how companies may benefit from cloud computing, why you should choose to invest in a technology fund and the potential implications of the Trump presidency.
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