Schroders profits jump as asset managers defy FCA scrutiny of sector with strong results

Schroders’ pre-tax profit for 2017 was more than £760m, results released this morning reveal, despite fears that the FCA’s work in the sector would drive down asset manager margins. Schroders reported a 23 per cent increase in profit before tax, as well as a 13 per cent increase in assets under management to £447bn. The […]

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Brett Davidson: Serious about succession? Don’t stay too long

The biggest factor behind a successful succession is knowing when to step aside. If you are serious about creating internal successors within the business you have built up over your career, then there are some important issues to consider. The biggest of these is your specific plan and timeline. If you have been talking about […]

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Tony Wickenden: Is IHT in line for a shake up?

The Office for Tax Simplification has been tasked with reviewing the current rules. The Chancellor has requested the Office for Tax Simplification carry out a review of inheritance tax. The main focus of the IHT General Simplification Review will be on ensuring the administration and making payments of the tax is fit for purpose and […]

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Sam Sloma: Advisers need to teach clients patience

Younger clients used to the immediacy of the modern world fail to understand wealth is created over decades. I deal with a different demographic to most advisers in the UK. My firm’s average client age is substantially lower than that of the wider industry, at mid-30s. I work with two main subsets of clients as […]


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