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Robo-adviser tries to poach UBS clients with fee deal

A new robo-adviser is looking to win over customers of  former competitor UBS SmartWealth with a discounted fee deal. UBS announced last week that its SmartWealth digital investment service would close to new clients and the technology sold to US robo-advisor SigFig. Tiller, a fresh entrant to the UK robo-advice market, is now trying to […]

Old Mutual advice arm rebrands under Quilter banner

National advice business Old Mutual Private Client Advisers has completed its rebrand to Quilter Private Client Advisers as part of Quilter Plc’s two-year managed separation strategy. The rebrand follows the renaming of parent company Quilter Plc, formerly Old Mutual Wealth, which separated from South African company Old Mutual Plc earlier this year. Quilter PCA was […]

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Lehman Brothers: Assessing the fallout 10 years on

This month marks the 10-year anniversary of the start of the global financial crisis in 2008. While it began with the sub-prime mortgage market disasters of the previous year, the collapse of investment bank Lehman Brothers was what sparked the full global crash, according to most commentators. To commemorate the past decade and how it […]

TSB chief exec steps down amid IT failures

TSB Bank chief executive Paul Pester has resigned in the midst of ongoing IT issues at the lender. Pester had faced challenges from consumers, MPs and regulators after a computer migration in April left nearly two million customers without access to their online bank accounts. The problems were still ongoing more than six weeks after […]

Testing the Foundation

The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes

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