Liontrust Asset Management has seen its funds under management fall from £5.5bn to £4.49bn. Overall profits leapt to £6.1m from £1.3m.
Real e-commerce success stories are not as common in this industry as they might be.
Swift has announced that it is in consultation with 60 staff regarding possible job losses.The staff affected by the consultation will come from the sales, marketing and new business teams. Swift has a total headcount of almost 140 staff. It says it hopes to restrict the number of redundancies to just 25 staff.Chief executive John […]
Winterthur saw a 22 per cent rise in individual pension new business last year from £1.6bn to £1.9bn.The company says the increase this is predominantly due to the success of its single- premium proposition.Assets under management rose from £10.4bn in quarter four 2006 to £11.4bn at the end of December 2007.Single-premium personal pensions business increased […]
The Mortgage Works has become the latest lender to withdraw from the 100 per cent loan to value market. It is capping self-cert and buy to let at 75 per cent LTV.
Manager Simon Edelsten sold China at the right time, so has cash to spend on opportunities created by the turmoil. To watch the video click here
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Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]
Acquisitions are continuing apace this year but will that trend continue or will the market slow?
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]