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Schroders suffers £3.3bn adviser outflows

Schroders has suffered £3.3bn outflows from advisers spooked by market volatility as it announces total assets under management of £343.8 billion for H1 2016, compared to £309.9 billion a year earlier. Sterling weakness has helped boost assets under management by £28.5bn. The asset manager says volatile markets were impacting investor sentiment, particularly in the UK and Asia, […]

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TSB sets up new brand for Northern Rock loans

TSB Bank is moving its former Northern Rock portfolio to a new brand called Whistletree. Whistletree has been set up to give the former Northern Rock customers a distinct home within TSB. TSB bought a portfolio of mortgages and other loans from Cerberus Capital Management in November 2015. But before Whistletree, UK Asset Resolution handled […]

Gina Miller launches Brexit legal challenge

A legal challenge to the UK’s exit from the European Union had its first court hearing this week, with SCM Investments founder Gina Miller one of the leading challengers. The case will be heard in the High Court in October, the FT reports. However, on Tuesday judges were told details of the challenge which centres […]

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Waspi urges DWP mass-mailing to fuel Ombudsman complaints

The Women Against State Pension Inequality group is organising a mass-mailing to the Department for Work and Pensions in the hope it will lead to formal complaints to the Parliamentary Ombudsman. The group, which wants transitional measures for women who have seen their state pension age increase, provide an email template and detail how to […]

A modern horror story

Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]

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