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RBS to close 259 branches

Royal Bank of Scotland is shutting 259 branches, one in four of its physical offices, and making 680 people redundant. The firm says more customers bank online, reducing remand for face-to-face services. RBS is closing 62 branches and NatWest 197. The banking group will have 744 branches left after the changes take place in late […]

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FCA charge for late Gabriel return upheld after complaint

The FCA was right to issue a firm with a fine for filing its regulatory returns late, an adjudicator has ruled, after the firm complained that it was not told that its submission was due. Firms are charged a £250 late administration fee if they fail to submit their Gabriel return on time. A firm […]

Investment

Alternative assets: what are they and why invest in them?

Michael Howard, Head of Alternative Investments at Prudential Portfolio Management Group (PPMG), analyses how alternative assets can benefit multi-asset portfolios. As yields have compressed and forward-looking return expectations have fallen in the past few years, investors have sought alternatives to traditional asset classes to supplement their income and boost their total return. Please remember that […]

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Apfa merger costs WMA £61,000

The merger between adviser trade body Apfa and the Wealth Management Association cost the WMA more than £61,000, accounts show. The two trade bodies merged earlier this year to create the Personal Investment Management and Financial Advice Association, a move that was supported unanimously in a vote from Apfa members. Accounts released today show that […]

Men and fatherhood, sex equality,

Let’s talk about sex (equality)

Tracey Dickson – Marketing Consultant It’s been 100 years since women were given the right to vote in the UK, and we’ve seen a lot of stories in the press recently about this triumph and the ongoing campaign for equality for women – both in wider society and in the workplace. Today something else in the […]

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