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Towry open to talks on saving Sesame adviser school

Towry says it is willing to enter discussions with other advice firms on how to save Sesame’s Financial Adviser School. In an update to members this week, Sesame said it will wind down the school as part of an overhaul of the business which will see it no longer operate as a network for investment […]

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Legg Mason: UK investors not prepared to pay going rate for advice

Wealthy UK investors are prepared to pay a maximum of £110 an hour for financial advice, a Legg Mason survey shows, 26 per cent less than the average fee charged by advisers in 2014. According to Legg Mason, the cost of advice can range from £75 to £250 per hour, with one poll by unbiased.co.uk […]

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Cameron warned over rapid EU referendum ‘dangers’

Prime Minister David Cameron has been warned accelerating the deadline for an EU referendum could undermine efforts to seek reform to the existing settlement, the FT reports. The Conservatives have promised an in/out referendum in 2017, although some – including Labour leadership candidate Andy Burnham – want Cameron to accelerate the timetable to reduce uncertainty. […]

Natixis nets record £14bn inflows

Natixis Global Asset Management has seen a net income increase of 25 per cent to €331m (£246m) in the first quarter of 2015, helped by new net inflows in its asset management unit. The group saw a record €19bn of net inflows in the asset management business of which €8bn was in Europe and €11bn […]

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