Tilney Investment Management has bought Clydesdale Banks discretionary investment management business for an undisclosed sum.
Two Year Buy-to-Let Fixed Rate
The IMA has published six fund processing principles, including encouraging electronic messaging for communication between fund managers and financial institutions.
Rathbones has appointed James Maltin as an investment director to manage its private client portfolios.
Nice to see Standard Life’s corporate responsibility manager Andrew Marshall-Roberts getting down and dirty for a good cause. The provider has set up a Treemail scheme which aims to replant a forest in the Scottish Highlands with a 100,000 donation to the Trees for Life charity. Standard has pledged to buy a seedling for each […]
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]