Discretionary fund manager Brewin Dolphin has recorded another £38m in profits for the first half of the year, despite a drop in assets under management. The DFM blames “lower investment returns” for a slight fall in total assets from £40.1bn to £39.7bn. However, profits were up 20 per cent, as net inflows from advisers reached £900m […]
An adviser must compensate a client for failing to monitor the performance of Sipp investments in two unregulated collective investment schemes. A Financial Ombudsman Service decision says Welsh advice firm Sebastian & St James International Financial Advisers is responsible for the reduction in the client’s pension. In October 2011 the client, Mr P, met an […]
Peter Hargreaves has jumped to 42nd position on the Sunday Times Rich List, a climb of nine places from last year, after seeing his wealth grow £849m to £3.2bn. Hargreaves is no longer on the HL board but has kept a 32.2 per cent stake in the company – the value of which has reportedly […]
The children’s element of critical illness cover needs to be handled with care by advisers and providers. Nobody wants to think about themselves or their family becoming critically ill, least of all their children. However, sadly, there is sometimes no escaping it, which is why children’s cover has been a part of adult critical illness […]
Nearly 12 months since sweeping to power, prime minister Narendra Modi has overseen a significant turnaround in India, which is now on track to become one of the most pro-growth, pro-investment economies in Asia. While the market has rallied 48 per cent over the last year in response to Modi’s reform agenda, what is the potential for further progress?
- Top trends
News and expert analysis straight to your inboxSign up